Welsh Secretary David Jones has dismissed reports which suggested that an announcement on tax and borrowing powers for Wales is imminent. He told the Welsh Affairs Select Committee that agreement had been reached on 'most of the 33 recommendations' in the Silk Commission report.
That's the report which recommended transfer of those powers. The UK Government's response to it was originally scheduled for the spring but has been delayed. And he gave the strongest hint yet that another expected announcement - on plans to upgrade the M4 at Newport - is linked to that response.
Asked when an announcement on the M4 should be expected, Mr Jones said that the Silk Commission response would seem 'an appropriate time.'