Rail (East Anglia)

Debate between Thérèse Coffey and Lord Jackson of Peterborough

Tuesday 3rd July 2012 Westminster Hall

[Dr Coffey]

That is a fair point. We have all been united in our vision of wanting better services for our constituents. We may have been less united, in our discussions with Network Rail and LEPs, on what that meant. I would like to think that the intentions of hon. Members across the counties have always been clear. This is not about trying to reduce services for our constituents, but improving them.

[Mr Stewart Jackson (Peterborough) (Con)]

I congratulate my hon. Friend on securing the debate. She has not mentioned the pre-eminent city in Cambridgeshire—Peterborough, as opposed to Cambridge. I jest. Does she agree that the great advantage of this prospectus, apart from its ambition, is that it is comprehensive and holistic? It integrates different modes of transport. It is not just a list of discrete transport schemes. There are references to the Felixstowe to Nuneaton freight corridor, taking the pressure off the A14 and the A11, and traffic movements to Stansted airport, all of which show that the prospectus is ambitious and, in the long run, will be good for the taxpayer as well as the local people in East Anglia.

[Dr Coffey]

My hon. Friend is absolutely right, and reinforces the point that investment in our rail infrastructure could mean that our region, rather than other parts of the country, can be a huge multiplier. The idea that people want to travel up to Lowestoft by car to have a look at investment is ridiculous. Along the east Suffolk line, sitting in a one-carriage train, perhaps after making the connection at Ipswich, is not always the most attractive way to arrive for an investors’ meeting.

For a quicker service on the great eastern main line, we need to speed up the trains. One way to do that is to focus on level crossings. I will refer to this again when I come on to the issue of branch lines, but we need to ensure that there are stretches where trains are unhindered. We also need to open up capacity at Liverpool Street station. Certain things have to happen before any of that can take place. Crossrail will have to be completed, which we hope will happen by 2018. We have to continue the work at Bow Junction to ensure that those lines can be used and that we get those slots. Peak services along the great eastern main line are already at full capacity. Although freight currently runs on the line, it does not do so during peak times. Extra capacity, therefore, is critical.

I do not pretend to be a rail specialist. I do not know the difference between four-tracking, the clever loops that Network Rail is now thinking about, or the extra bit of track that is needed in that stretch near Chelmsford. What I do know, however, is that there are clever brains working on solutions that will mean that we can open up vital capacity. By doing so, we can increase reliability and speed.

Amendment of the Law

Debate between Thérèse Coffey and Lord Jackson of Peterborough

Friday 23rd March 2012 Commons Chamber

[Mr Stewart Jackson (Peterborough) (Con)]

I believe that this is a courageous Budget. It is innovative and ingenious, notable for the steady stewardship of the Chancellor of the Exchequer. We need to take a strategic overview. The recession from which we have emerged is a deleveraging recession, a paying down debt rather than a destocking recession, so some of the normal policy prescriptions on fiscal and monetary policy have proved useless in the face of that. That makes the imperatives of long-term reform of the public services, particularly education and welfare, tax cuts and supply-side reforms, including the reduction in taxes and the regulatory burden, even more important.

[Dr Coffey]

My hon. Friend is making a strong point about deregulation. I would point to paragraph 2.238 of the Red Book, which shows that the Government are committed to scrapping or improving 84% of health and safety regulation. Does my hon. Friend agree that this is the right approach—focusing on what is most risky as opposed to applying all sorts of regulations that are no longer necessary, valid or helpful?

[Mr Jackson]

My hon. Friend makes a very good point, which explains why this Budget has had consensus support and been viewed from a positive perspective by business organisations across the country.

We should be talking a paradigm that involves tax and spending, not just tax. There has been too much focus in the last few months on cutting or increasing taxes, when we should be talking about expenditure. Are we really asking the public to believe that a net 6.8% reduction in public expenditure over the comprehensive spending review period is enough to rebalance the economy when we saw a 53% real-terms growth in public expenditure between 2000 and 2010? We were spending £450 billion just 10 years ago on public services, and we are now spending £702 billion. Are we getting value for money for our constituents and our taxpayers?

Of course, Conservative Members will not let the electorate forget the disastrous and poisonous economic legacy left to us by the Labour party—to the extent that we have to pay £120 million a day in debt interest and are £47.6 billion a year in debt this year. As I said earlier to my right hon. Friend the Transport Secretary, had Labour remained in office, they would have had to borrow another £200 billion. They left us a structural debt in a period of economic growth. They left us a situation in which individual net borrowing doubled in just six years, while we have massive sectoral imbalances and a systemic dependency on debt. That was Labour’s legacy.

Labour Members still have no economic credibility; if they were a party with a cogent and coherent narrative on the economy, they would pledge to reinstate the 50p tax rate and reverse the policy on freezing age-related allowances. They do neither because they are opportunistic and they know that if they were elected to government, they would need the money.