Lord Foulkes of Cumnock
Main Page: Lord Foulkes of Cumnock (Labour - Life peer)(2 months, 1 week ago)
Lords ChamberI understand the noble Lord’s comments; they will be subject to further discussion when the main rail Bill comes forward. I note his comments and I am sure we will have the opportunity to discuss this more. We know that there are significant failings on our railways and that action has to be taken. We cannot continue with the failures that we have at present.
My Lords, with no disrespect to London, is my noble friend the Minister aware of a feeling in the north of England and in Scotland that London gets a disproportionate amount of spending, particularly in transport? Regarding what the Opposition Front Bench says about economic growth, there would be greater benefit for economic growth if more money was spent in the north of England and in Scotland and Wales.
As a founder member of Transport for the North, I can only agree with my noble friend’s pertinent comments. I welcome the fact that significant discussions are happening with the regional mayors and that we have on the table a five-year £5.7 billion investment to improve transport networks across the regions. However, we all recognise the contribution of London to the economy of the whole country, and we want to make sure that investment in the regions complements the success in London and spreads wealth and prosperity around all the regions.