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Cardiff council raises doubts over cash for City Deal | Cardiff council raises doubts over cash for City Deal |
(about 17 hours later) | |
A deal to provide hundreds of millions of pounds of funding for building and transport projects in Cardiff and the surrounding areas could be in doubt. | A deal to provide hundreds of millions of pounds of funding for building and transport projects in Cardiff and the surrounding areas could be in doubt. |
A report for Cardiff council has warned it could find its contribution to a so-called City Deal to be "unaffordable". | A report for Cardiff council has warned it could find its contribution to a so-called City Deal to be "unaffordable". |
The City Deal plans, announced earlier this year, require money from UK and Welsh ministers, Cardiff council and other local authorities in the area. | The City Deal plans, announced earlier this year, require money from UK and Welsh ministers, Cardiff council and other local authorities in the area. |
Cardiff council said it had to "consider all the options". | |
David Cameron stressed the importance of a Cardiff City deal in a BBC Wales interview last week. | David Cameron stressed the importance of a Cardiff City deal in a BBC Wales interview last week. |
But the council report said its contribution could be unaffordable in the current financial climate. | But the council report said its contribution could be unaffordable in the current financial climate. |
'Close collaboration' | 'Close collaboration' |
Cardiff council leader Phil Bale has campaigned for a deal, but there is a lot of negotiation to be done before it can happen. | |
In a statement, the authority said applying for a City Deal brought an "element of risk and cost to the council" and it had a "responsibility to consider all the options that will deliver the investment needed for a successful Cardiff and a thriving south east Wales". | |
A Welsh government spokesman added: "Key to the successful delivery of any future programme will be close collaboration and partnership between UK Government, Welsh Government and Local Government. | |
"We have had early, positive engagement with Cardiff City Council in respect of their intentions to develop a proposal for the city and region, and we will work closely with them as the proposal is developed further." | "We have had early, positive engagement with Cardiff City Council in respect of their intentions to develop a proposal for the city and region, and we will work closely with them as the proposal is developed further." |
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