Transport for London Bill [Lords]: Revival

Debate between Rachael Maskell and Ian Mearns

Monday 16th November 2015 Commons Chamber

[Rachael Maskell]

I have grasped the point of my hon. Friend’s intervention. House prices have escalated out of control since the Bill was originated. The reality is that we are dealing with a different situation and a different world from when the Bill was put together. I therefore believe that we should not proceed with the motion today, but call a halt and go back to the drawing board to address the real problems we have heard so much about.

I want to touch on some of the issues that have not been addressed today about the consequences of the Bill. The reality is that there will be so many unintended consequences. I asked questions earlier, which were not answered, about the financial modelling and the financial risks that may arise.

[Ian Mearns]

It is not just about consequences, but about responsibility. In the context of London, particularly when it has land assets to dispose of, Transport for London has a social responsibility to make sure that the land at its disposal can be used to help to rebalance the housing market and give Londoners a chance to live in London.

[Rachael Maskell]

My hon. Friend is absolutely right that responsibility has to be at the core not just of this Bill, but of government. I have the same concerns as my hon. Friend. The Bill is full of risk, and we have heard about many of those risks today.