TOLL charges for the two Severn Crossings are set to be abolished by the end of next year.

The announcement was made this morning by Welsh Secretary Alun Cairns, who said the move will “strengthen the links” between South Wales and South West England, transforming the joint economic prospects of the two regions.

The iconic landmarks, which have served commuters for more than 50 years, are used by more than 25 million vehicles a year.

The promise to end the toll charges is one that has been made repeatedly in recent years, most recently by Prime Minister Theresa May in May.

Tolls have been in place since 1966 when the first bridge was opened, costing drivers the equivalent today of 12.5p.

Today, charges levied for westbound traffic come to £6.60 for cars, £13.40 for large vans and minibuses and £20 for buses and lorries.

In a statement, Mr Cairns said: “The decision to abolish the Severn tolls next year sends a powerful message to businesses, commuters and tourists alike that the UK Government is committed to strengthening the Welsh economy.

“By ending tolls for the 25 million annual journeys between two nations we will strengthen the links between communities and help to transform the joint economic prospects of South Wales and the South West of England.

“I want to ensure that visitors and investors know what Wales has to offer socially, culturally and economically. Most importantly, I want the world to know how accessible we are to business.

“The decision we have taken today is right for Wales’ future prosperity and I am sure that it will be welcomed by industry and motorists alike.

“When the bridges come under public ownership, they will be run by Highways England. Previously it has been run by Severn River Crossing plc.”

Transport Secretary Chris Grayling added: “Tens of millions of motorists a year will benefit from the end of tolls on the Severn bridges, saving them money and cutting journey times. People who use the crossing every day will save a minimum of £115 a month.

“Abolishing the crossing fee will also drive economic growth for businesses in Wales and the South West and further strengthen the bond between our two great countries.”