The Economy Debate

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Department: HM Treasury

The Economy

Lord Haselhurst Excerpts
Thursday 4th June 2015

(8 years, 11 months ago)

Commons Chamber
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Lord Haselhurst Portrait Sir Alan Haselhurst (Saffron Walden) (Con)
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I apologise to the hon. Member for Dundee East (Stewart Hosie) if I do not directly follow his remarks, tempting though that might be.

Transport has not so far been a major focus in the debate on the Gracious Speech, yet surely it is a key component of a successful economy. The speech talked about

“bringing different parts of our country together”,

which suggests to me that transport has an important role to play, as was confirmed by reference to the Government’s determination

“to legislate for high-speed rail links”—

I note it was in the plural—

“between the different parts of the country.”

I find it odd that there was no mention in the Queen’s Speech of airport capacity. It is the elephant in the Chamber. The recommendations of the Davies commission are imminent, so perhaps a decision on this matter, which is judged by many people to be vital to our economic success, will be among the other measures to be laid before us. I have great respect for Sir Howard Davies, and I am sure that his report will be accomplished and thorough, but if the Government have not steeled themselves to accept whatever he proposes, and at the same time given no indication that their decision will come before Parliament this Session, they might be subject to criticism from those in the industry concerned about the country being insufficiently open for business. I might also add—somewhat facetiously—that the sooner the decision is made the better, for otherwise the main airport operators might bankrupt themselves with the amount of advertising and promotion they are doing.

In reflecting on past years, I find it astonishing that we have allowed ourselves to get into this multi-airport situation. If it is judged too late to start again, it is certainly not too late to rebalance the economy, which is why enormous importance attaches to the concept of the northern powerhouse. I was born in Yorkshire and represented for a period a Greater Manchester seat, so I feel strongly about the need to rebalance the economy, and I feel every bit as strongly about it having served as Member for Saffron Walden for 37 years, because rebalancing will take pressure off the south-east.

Apart from a decision on airport capacity and the south-east, I would like to see Manchester airport promoted as a major port of entry into this country. It is important for business and tourism. I am afraid, therefore, that I might disappoint some of my right hon. and hon. Friends by saying that I strongly support High Speed 2 and what the Gracious Speech said about it. Also on rebalancing, it was interested to read that HS2 would bring Birmingham airport within 36 minutes of central London, given that the average time from Stansted airport in my constituency is 47 minutes. I sympathise with colleagues whose constituencies are in the path of HS2, but I remember seeing the M62 driven through the constituency of Middleton and Prestwich, and I saw Stansted airport imposed on the rural charms of north-west Essex. We can get over these things.

I suggest to the Government, however, that there is another powerhouse—the powerhouse of East Anglia—that is nevertheless served badly by both road and rail. I do not begrudge our new colleague in the House, the Mayor of London, for increasing his grip on the rail services in inner London, but I insist that we need serious levels of investment in transport, especially rail, in East Anglia. The Great Eastern and West Anglia lines out of Liverpool Street are a disgrace, and the trains that run on them are scarcely less so. I congratulate the Government on the rail revolution—no less a term is justified—that they have helped to engineer, but that revolution has still to reach East Anglia. As the economy improves, I hope that they will pay full attention to the voices of East Anglia Members, augmented as they are by representatives of industry, business and commerce, and deliver soon the improvements that our region demands. In return, the East Anglian region—the East Anglian powerhouse, as it could become—will deliver further enhancements to bolster the national economy.