Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the impact on people in a) Newcastle-under-Lyme and b) Staffordshire of the changes made to the Green Book since July 2024.
In February, we published a new version of the Green Book to ensure decisions are no longer based solely on single metrics such as benefit-cost ratios, but take into account the full range of economic and social impacts. We are also working closely with regional leaders to progress place-based business cases – putting local priorities and local expertise at the centre of appraisal.
These changes will complement wider interventions which will benefit Newcastle-under-Lyme and Staffordshire, such as the Midlands Rail Hub and the delivery of HS2 Phase One.