Oral Answers to Questions

Jonathan Reynolds Excerpts
Thursday 10th December 2015

(8 years, 4 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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An ingenious but unsuccessful attempt, I am afraid, if Members look at the terms of the question on the Order Paper.

Jonathan Reynolds Portrait Jonathan Reynolds (Stalybridge and Hyde) (Lab/Co-op)
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Labour supports the extension of high-speed rail services to Scotland. To get there, however, we will have to get to the north of England first. Why are we still waiting for Ministers to confirm the route and the stations for HS2 north of Birmingham, and does the Secretary of State understand that this lack of progress is placing their commitment to HS2 in the midlands and the north in doubt?

Lord McLoughlin Portrait Mr McLoughlin
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With the greatest charity, I do not think the hon. Gentleman can get away with that. We have been making progress on HS2. In 13 years, Labour only woke up to the HS2 project in year 13. The progress we have made far outstrips the progress the Labour party ever made.

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Claire Perry Portrait Claire Perry
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Again, this is part of the overall proposals. As my hon. Friend knows, the western rail link is absolutely vital. It has been set out, and work is going on to make sure exactly how it is delivered. We understand how important it is. My hon. Friend represents a fine city. He and I went through Box tunnel together on a little people mover—[Interruption] That sounds worse than it is—with others to see at first hand the transformational effect that electrification work is having on his city.

Jonathan Reynolds Portrait Jonathan Reynolds (Stalybridge and Hyde) (Lab/Co-op)
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The unpausing of the rail electrification programme is welcome, but the news that completion will be delayed and the costs much higher has understandably caused dismay. The cost of the electrification programme is now set to be at least £2.5 billion more than planned. As a result, Network Rail’s borrowing limit has had to be increased by £700 million, with the rest of the money being found from the sale of its assets. What assurances can the Government give that these asset sales will be sufficient; and given that the costs have already risen by 70%, what happens if they rise further still?

Claire Perry Portrait Claire Perry
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The hon. Gentleman raises the delivery risk inherent in all these things. This is the biggest transformation project for more than 100 years, and he is absolutely right that it has to be funded with both Government money and third party asset sales. A huge amount of due diligence has gone into that work, which is ongoing, but we now have a plan and are confident that £38 billion will be committed and that 850 miles of track will be electrified.