Rachel Reeves is set to announce at least £445 million for Welsh transport in spending review
At least £445 million is set to be spent on rail projects in north and south Wales to enhance connectivity between cities, towns, and centres.
The money will be used to fix level crossings, build new stations and upgrade existing lines.
It is understood to be a combination of direct funding and money for the Welsh Government.
The Treasury said: 'With this Government Wales will thrive, and the Chancellor has prioritised bringing forward a package that has the potential to be truly transformative.'
An unnamed Labour Party source has said that the "historic investment is down to the tireless work of the Welsh Secretary, Jo Stevens, who has delivered Labour's promise to right the chronic underfunding of Welsh rail by the Tories."The source added: "This investment is more than Wales would have had so far had HS2 been Barnettised. It will make a massive difference economically and politically."
Talking on ITV Wales' Sharp End about the announcement, Peter Fox, a Welsh Conservative MS said: 'Its not enough, its no where near enough.'
'We are suppose to be grateful that we are getting the funding, this is not good news for Wales. We should be angry.'
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