Banking Hubs

Debate between Baroness Vere of Norbiton and Lord Bishop of Durham

Monday 11th December 2023 Lords Chamber

[Baroness Vere of Norbiton (Con)]

The noble Lord is absolutely right. The Post Office banking framework has been in place since 2017, and we recognise the really important role post offices can play for people and for small and medium-sized enterprises. The current arrangements are in place until December 2025, when they will of course be looked at again, but we recognise that the more than 11,000 post offices offer a very helpful route to get cash and other services.

[The Lord Bishop of Durham]

My Lords, I thank the Minister for that last answer. However, in the north-east, only one banking hub has been opened this year and there is a diminishing number of post offices, so it is quite hard to see how the post office network is actually helping in the north-east.

[Baroness Vere of Norbiton (Con)]

I point the right reverend Prelate to figures released by the FCA last week. We know that geographic coverage of the cash access network remains comprehensive, despite some branch closures over a period of time. Of course, we are keeping this under review, which is why we await the response to the FCA consultation. We expect any proposals to be in place by summer next year.

Railways: East Coast Main Line

Debate between Baroness Vere of Norbiton and Lord Bishop of Durham

Thursday 15th July 2021 Lords Chamber

[Baroness Vere of Norbiton (Con) [V]]

My Lords, the Rail Minister has challenged the department to investigate all options for increasing regional connectivity. It is the case that Berwick-upon-Tweed will retain its current level of service, but there will be a change to the balance of the services. Yes, there will be fewer fast trains to London, but there will be more services to the Midlands and the south-west on CrossCountry.

[The Lord Bishop of Durham [V]]

My Lords, I declare an interest as a regular LNER user. I have a lot of sympathy with the noble Lord, Lord Beith. I recognise that connections from Darlington, Durham and Newcastle are northwards as well as southwards. Will the Minister comment on how local services such as those from Bishop Auckland to Middlesbrough and the possible reopening of Durham to Sunderland need to be invested in for the economic growth of the north-east as a whole?

[Baroness Vere of Norbiton (Con) [V]]

My Lords, this Government are investing billions of pounds in the railways, particularly in the north, through the Restoring Your Railway Fund and the other schemes that we are bringing through the rail network enhancements pipeline. Of course we are looking at regional connectivity of the type that the right reverend Prelate mentioned, and I will take his comments back to the department.

Rail Disruption: Social and Economic Impacts

Debate between Baroness Vere of Norbiton and Lord Bishop of Durham

Thursday 13th May 2021 Lords Chamber

[Baroness Vere of Norbiton (Con)]

No one wants to see a vast modal shift towards cars, but I accept that, in certain circumstances, when we have a situation such as this, that will occur. However, it is a very rare occurrence for this sort of wide-ranging manufacturing or other fault to be found in the make-up of the units. I am convinced that the Hitachi manufacturers are doing all that they can to get these units back on the rails, and I believe that services will be back to normal in the medium term.

[The Lord Bishop of Durham]

My Lords, I declare an interest as a regular LNER user—indeed, I experienced disruption to the service on my trip down from Darlington. While it is essential that the defects are addressed, I am very aware of the jobs and investment brought to County Durham by Hitachi. Can the Minister confirm that this issue will not impact the investment in the region and the security of the jobs?

[Baroness Vere of Norbiton (Con)]

My Lords, in general, Hitachi trains have an incredibly good track record. Hitachi built the bullet trains in Japan, which, as noble Lords will know, have an exemplary safety record, and it has a very high engineering pedigree. While it will of course be up to Hitachi’s customers to decide where they make their purchases in the future, I for one believe that that sort of pedigree will not be diminished by these events.

Transport Infrastructure

Debate between Baroness Vere of Norbiton and Lord Bishop of Durham

Tuesday 11th February 2020 Lords Chamber

[Baroness Vere of Norbiton]

The noble Lord is a doughty campaigner on this matter. We have heard his message and, as he knows, we are working on it.

[The Lord Bishop of Durham]

My Lords, perhaps we might return to the north-east. The noble Lord, Lord Shipley, and I, along with many others, have argued previously that this infrastructure should have begun in the north and the south at the same time. In the review, can we please ensure that we are working not just south to north but north to south? This would help speed up the process. Can the Minister also answer a question on the production of the trains and the carriages? Companies such as Hitachi and Bombardier have been mentioned. Are the contracts going to be given out in Britain?

[Baroness Vere of Norbiton]

The right reverend Prelate refers to an issue that is raised fairly frequently. I think that we can all agree that phase 1 will go ahead straightaway because enabling works have already taken place. Part of the integrated plan for rail will look at ways of getting the benefits of this new railway more quickly, and it may be—I am not prejudging this at all—that construction starts in several places at once, as well as at different points, in order that it can join up. To me that seems quite sensible, but I am sure that someone technical will tell me that it is not. However, it is our ambition to get the benefits more quickly and to keep the costs as low as possible. We will certainly look at all the eventualities when it comes to that part of the railway.

On the construction of the rolling stock, this does not need to be considered for some time yet. Of course it would be very good if the trains were built in Britain, but I happen to know that the HS1 trains were built in Japan and that they function very well. But, again, we cannot prejudge that and it will be some time before that contract is awarded.