Regional Growth Debate

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Department: HM Treasury

Regional Growth

Lord Bach Excerpts
Thursday 5th June 2025

(3 days ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I am grateful to the noble Lord for his support and for what he says. He knows much more about that region than I do. He will know that in the previous Budget, we funded the trans-Pennine upgrade for the work that was under way. We gave a further £2.1 billion investment for West Yorkshire yesterday, which will deliver for the West Yorkshire mass transit system, linking up Bradford, Kirklees, Calderdale, Wakefield, Pudsey and Leeds. I hope that goes some way towards what he is asking for. There will be further transport announcements in the spending review next week. I look forward to debating those then.

Lord Bach Portrait Lord Bach (Lab)
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My Lords, I must apologise to the House and my noble friend the Minister for being a couple of minutes late for the start of the Statement. I hope that the House will forgive me; it is the first time that I have done that.

I want to ask the Minister about the east Midlands. We have felt very left out over many years in that important part of England, but I was delighted by yesterday’s announcement as it affects transport links between the two great cities of Nottingham and Derby. That is a great plus which we are very pleased about. Now for my slight gripe: I spring from Leicestershire, and we are feeling slightly left out, not from yesterday’s announcements but because, generally, Governments, and particularly the previous one, have failed to do anything to help in this way in the east Midlands and around Leicester in particular. Can the Minister and his colleagues consider that when future decisions are made?

Lord Livermore Portrait Lord Livermore (Lab)
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I am very grateful to my noble friend. Even though he was late, I was very happy for him to contribute when he was welcoming what we have done, for which I am grateful; I was less keen once he started with his gripe. We have pledged £2 billion of additional investment in the East Midlands to develop the Trent Arc, linking Derby and Nottingham to create tens of thousands of new jobs and homes, and to connect Infinity Park Investment zone and the East Midlands Freeport with sites including Ratcliffe-on-Soar clean energy and advanced manufacturing and East Midlands Intermodal Park—home of Toyota in the region. I absolutely hear what he says about Leicester; I will take that back and hopefully will have more good news for him in the spending review next week.