Part of 1. Questions to the Cabinet Secretary for Finance – in the Senedd at 1:35 pm on 24 January 2018.
Of course, the cost increases are mainly due to the fact that £136 million extra has been allocated to meet the concerns of the port in Newport, and that presumably, as Cabinet Secretary, is something that you have approved of, or at least signed off. Now, you've mentioned the money that you have in the budget next year. As I understand it, you have £150 million in capital reserves and the ability to borrow another £125 million, so that makes a total of £275 million that could potentially be used next year as capital money towards the new M4, as we should call it. Can you confirm that you are not able, and will not seek, to spend that money, yes, until the public inquiry has reported, but also until there's been a vote on a supplementary budget in this Assembly?