Baroness Vere of Norbiton Portrait Baroness Vere of Norbiton
- Hansard - - - Excerpts

My Lords, I join my noble friend in welcoming the report of the House of Lords Economic Affairs Committee. We will respond to that in detail, before the Summer Recess, once we have had a chance to consider all the issues therein. As for whether we should have started in the north, obviously we recognise that the infrastructure in the north needs investment; that is why we are investing a total of £48 billion across the network, which is a record amount. The northern powerhouse rail project in particular will be very much welcomed. However, it is in a much earlier stage of development. Our intention is to crack on with HS2 phase 1 and phase 2a, and then phase 2b will link into the northern powerhouse rail, thereby connecting the entire country.

Baroness Randerson Portrait Baroness Randerson (LD)
- Hansard - -

My Lords, demanding the cancellation of HS2 has become the new virility test for would-be Tory leadership candidates, and I fear that it might be the next economically damaging decision made by the Government solely to please Conservative Party members. I believe that HS2 is needed, but obviously costs need to be brought under control. The easiest way to do that is to make Old Oak Common the terminus in London, rather than Euston. I ask the Minister: will the Government take seriously that aspect of the committee’s report and act upon it, please?

Baroness Vere of Norbiton Portrait Baroness Vere of Norbiton
- Hansard - - - Excerpts

My Lords, we have heard the request that HS2 terminate at Old Oak Common. We are not minded to agree to that, but we will of course read the report and respond in due course.