HS2: Cost

Lord Clarke of Hampstead Excerpts
Wednesday 24th July 2019

(5 years, 4 months ago)

Lords Chamber
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Baroness Vere of Norbiton Portrait Baroness Vere of Norbiton
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Work continues on HS2 and that £9 million was part of that work. To date, HS2 has spent £7.4 billion. The review I referred to was done by the current chairman of HS2; it may be that there is a separate, second external review. I welcome the new Prime Minister’s reported focus on infrastructure. Infrastructure is critically important to our country and very complex, and sometimes it represents a large and slow-moving target for criticism. It is essential that we get infrastructure right and that it is fit for purpose.

Lord Clarke of Hampstead Portrait Lord Clarke of Hampstead (Lab)
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My Lords, does the Minister agree that the disillusionment of most of the public with politicians is only bolstered by this nonsense of putting up billions of pounds for projects when some of their families have to sell their homes for care? Can she please suggest that when people make these cost proposals, they stick to them or lose their job?

Baroness Vere of Norbiton Portrait Baroness Vere of Norbiton
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The noble Lord makes a very important point—many of our infrastructure projects have suffered from this in recent years, under not just this Government but previous Governments. Recently, the Infrastructure and Projects Authority did a report on lessons from transport for the sponsorship of major projects. When we try to cost and schedule projects that may take 15 years to build, we have to schedule into them some sort of flexibility to ensure that people do not misunderstand exactly how much they are going to cost.