Oral Answers to Questions

Debate between Greg Clark and Ruth Cadbury

Tuesday 7th November 2017 Commons Chamber

[Ruth Cadbury (Brentford and Isleworth) (Lab)]

T6. Net present value is the economic measurement generally held to provide the most robust assessment of all the costs and benefits of any proposed major infrastructure project. Would the Government ever support a major infrastructure project that, at its inception, was calculated to have a negative net economic benefit?

[Greg Clark]

One of the things that the House has correctly required of the Government is that we should take account of the impact on local economies—for example, on small businesses. That is something that has changed in the impact guidance, and it is right that it has.