11/07/2016 BBC Wales Today

And the news that Theresa May, currently Home Secretary, will be

here in two days' Our top stories: Welsh Conservatives

give their reaction to Theresa May - their new party leader

and our new Prime Ministerand. It'll cost ?375 million pounds -

will the Welsh Government agree to underwrite half the cost

of the Circuit of Wales Members of the Conservative Party

here say Theresa May will bring The Home Secretary will be the next

Prime Minister of the United Kingdom The party's leader in Wales,

Andrew RT Davies, says Mrs May has a wealth of experience

at the highest level of government and is best placed

to unite the party. Here's our political

editor, Nick Servini. So it's a summer coronation

of the result of an autumn contest that will put Theresa May

into Downing Street. It's the latest twist

in the political cycle that saw Andrea Leadsom pull out

of the leadership contest, bringing clarity to a fortnight

of turbulence for the Tories. We were expecting the Conservative

leadership contest, like the Labour one,

to form the backdrop of the summer holidays,

but such is the pace of British politics at the moment

that the decision on one of them has already been made before the full

holiday season swings into action here at Barry Island

in the Vale of Glamorgan. Theresa May will be our

next Prime Minister. This is a Conservative constituency

at Westminster so I caught up If there had been a contest,

they would have had their say As it is, they are now just

bystanders. Almost half the country

will feel quite uneasy And so I think, for those

who are really concerned, it will be nice for them

to have a Prime Minister who is very active and can put herself

straight into the job. The country is committed to leaving

and we now have to get She has to get on with the job

of running the whole country. Theresa May has been Home Secretary

and a Cabinet member for six years but not much is known

about many of her wider views. One thing we do know is that she now

faces a huge challenge leading the country as we negotiate

our exit from the EU. I am honoured and humbled to have

been chosen by the Conservative She's somebody that

does command respect. I've been more than impressed

at her ability to assimilate Theresa May will go down well

in traditional Tory heartland areas, like this in the Vale of Glamorgan,

even among those who voted to leave the EU when she,

of course, was a remainer. The argument will be that,

at an incredibly turbulent political time, she is considered a safe

pair of hands. In his nearby farm, the leader

of the Welsh Conservatives and prominent Brexit campaigner

Andrew RT Davies gave I have complete trust in Theresa

May. She will be honest and decent

in everything she does. She will tell you as it is

and she will tell you As David Cameron sets off

into the sunset, Theresa May arrives on the horizon as Prime Minister,

marking a new era for Wales, South Wales Police have arrested

another man in connection Lynford Brewster died of stab wounds

following an incident A man from Kidderminster has been

arrested in Norfolk on suspicion of murder and is being brought

to South Wales for questioning. Ten members of a Rhondda drugs gang

have been sentenced to a total of 33 years in prison at Cardiff Crown

Court. Police recovered nearly

?500,000 worth of cocaine - a large quantity of it

in a house in Tonyrefail. The future of the Port Talbot

steelworks can only be guaranteed That's according to a senior

executive at Tata Steel. The company's in merger talks

with the German firm Thyssenkrupp after halting its sale

for its Welsh sites, The airline Virgin Atlantic has

signed a ?3.4 billion deal to buy 12 The aircraft will operate on routes

from Heathrow and Gatwick. Airbus employs 6,000 staff

at its Broughton Developers behind a motor racing

track in Ebbw Vale say they're confident the Welsh Government

will back the project this week, allowing them to get

on with developing the site. A revised plan for the Circuit

of Wales has been It requires the taxpayer

to underwrite half the ?375 million It's a critical week

for Circuit of Wales. A plan to build a racing track

capable of hosting motorcycling's Grand Prix, the Moto GP,

a range of industrial premises for the automotive sector

and hotels, right next to the Valley The idea is to attract big-name

companies and the sports car maker TDR has already

announced its going to make And this is where they planned

to build the 3.5 mile track. The circuit itself is part

of a wider regeneration development, The company claimed it could create

6000 jobs and attract 750,000 visitors to this part

of the valleys every year. But the project needs

Welsh government backing. The most important thing for us this

week is getting the confidence and certainty from the Welsh

government that allows Of course there will still be things

to talk about and I'm sure there will be other negotiations,

but what we are looking for is that confidence and certainty that we can

pass on to our suppliers investors, An initial proposal requiring

the entire ?335 million project to be underwritten by the Welsh

government if it ran into trouble, A new plan has been put together

which would reduce that With Blaenau Gwent and Monmouthshire

councils providing loans worth ?90 million, around

a quarter of the cost. In all, the public purse

would guarantee 75% of the total The rest of the risk would be borne

by the private sector. The leader of Monmouthshire Council

has said tonight that neither they nor Blaenau Gwent council have

yet agreed all backed the loans. The economy secretary is due to make

a decision this week, before the assembly heads

into summer recess. It's a big call for the new minister

so soon into taking Who, back in April,

was adamant that the risk At lunchtime today,

still discussing issues on this. So it's important to recognise

that we wanted to support this project, we thought it

would have been good. But I'm not entitled to take

the risk with our public money, and I don't think the public

would expect me to take that risk. Now the Welsh government says it's

always been clear that any support provided by the taxpayer needs to be

proportionate and fair. It has also stressed that its door

remains open if sufficient private The question is whether that's

the case. Let's see what the

weather has in store. The weather is feeling fresh as they

go through the night in over the coming days. We look forward to

sunshine tomorrow but first we have showers to do with. The showers are

across North Wales and are making their way south and eastwards. We

have quite a bit of cloud around. The winds easing overnight.

Temperatures in towns and cities 10-14dC. Tomorrow, we have this

trough bringing the showers which will clear through. Behind it, high

pressure so things will settle down by the time we get into the

afternoon. First thing tomorrow morning, a few showers. Some

sunshine in between. Pembrokeshire escaping the worst of the showers

and they will ease late morning into the afternoon. For the rest of the

British Isles, the northern half enjoying the best of the dry and

bright weather. Heavier downpours across the South and east with the

potential for surface water flooding. In Wales tomorrow

afternoon, it's looking pretty good. We can look forward to more in the

way of sunshine. Much lighter winds compared with today. Temperatures

range 15-19dC. Tomorrow night, misty patches forming. The odd isolated

shower but dry weather to look forward to and feeling cooler with

temperatures down to seven Celsius. Then on Wednesday, fewer showers and

more in the way of sunshine, less humid, temperatures getting up to 18

Celsius. A similar picture on Thursday where we see the return of

the humid conditions. More on all of tonight's

stories on our website: From all of us on the

programme, goodnight.