Local councils in Wales are forecasting a 16 per cent rise in the amount they will invest in their services in the current financial year. Figures just released put total forecast capital expenditure by local authorities in 2004-05 at 951 million poundsThe figures include forecasts of a 42 per cent increase in spending on roads and transport, 40 per cent in social services, 88 per cent more on sport and recreation and a 9 per cent increase in capital spending in the education sector.
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