Can I thank the Member for her questions and the keen interest that she has in rail transport across Wales? Until we have the powers that are equivalent to Scotland, the Member is right, we would not be able to enable public bodies to run our rail services. But I can tell her that in the new franchise—I think I’m on public record as saying that profits that have been earned in the current period have been excessive, but they will be capped in the next franchise, whilst there will also be incentives for the operator partner to ensure that services are improved, both in terms of quality and in terms of the regularity of services.

In terms of Transport for Wales, this was established by the Welsh Government as a not-for-profit company to provide support and expertise to the Welsh Government in connection to transport projects in Wales. Now, although Transport for Wales is currently designing and undertaking the procurement process for the next Wales and borders rail services and metro, on behalf of the Welsh Government, once the franchise has been let, Transport for Wales will oversee the management and the joining up of services, such as marketing and integrated ticketing, which could be, again, delivered on the basis of not-for-profit principles. But over time the aspiration is to secure the necessary powers that would enable Transport for Wales to take on a much wider range of transport functions, indeed similar in nature to the operations of Transport for London, and the way that it manages the public transport network in the UK’s capital.

The Member is absolutely right that the franchise that we adopted was at best flimsy, and today is not fit for purpose. It was based on a zero-growth assumption at a time when many experts were predicting reduced passenger numbers on railway services. That has proven to be anything but the case. Over the next franchise period we expect passenger numbers to increase by 74 per cent, and it’s essential, as part of the franchise process, to be able to demonstrate how bidders are going to be addressing the increase in passenger numbers. But there will be break clauses that would enable the Government to review the effective operation of the franchise and which would provide the Government with regular opportunities to assess the success of the eventual winner of the bidding process.

With regard to electrification, we’ve been very clear that electrification must be delivered in a timely way to Cardiff and must extend across to Swansea, as was agreed. Yes, it comes with a considerable price tag, but the fact of the matter is that, during the current control period, Wales has fared incredibly poorly in terms of the amount that we’ve had spent on Network Rail’s Wales franchise area. Only in the region of about 1 per cent of UK investment has been spent on the network in the Wales and borders franchise area—that is wholly inadequate given that it comprises something in the region of 6 per cent of the UK’s network. So, it’s absolutely essential that the modernisation of the south Wales line continues through to Swansea. Indeed, it’s essential that we receive our fair share of investment in rail infrastructure, and if that is not possible it should be devolved to us with a fair funding settlement. It’s also worth saying, I think, that modernisation of the rail network, and particularly in regard, again, to electrification, is essential in delivering on our objectives to decrease our carbon footprint. In terms of the decarbonisation agenda, if the UK Government is not able to modernise the railway network right through south Wales, then it will have a major impact on our carbon objectives, and that would be something that we would not be content with whatsoever.

It’s also essential that, if the UK Government deemed electrification was not to continue through to Swansea, then the money would still, in our view, have to come to Wales. It should not be spent elsewhere than Wales. As I say, if the UK Government does not believe that it should electrify that line, or modernise the entire network, then give us the powers and the resource and we’ll do it.