South West Rail Resilience Programme Debate
Full Debate: Read Full DebateLord Wallace of Saltaire
Main Page: Lord Wallace of Saltaire (Liberal Democrat - Life peer)Department Debates - View all Lord Wallace of Saltaire's debates with the Department for Transport
(1 year, 6 months ago)
Lords ChamberI do not accept the latter point. We have invested £165 million to date, and of course some of that was to ensure the resilience of the seawall itself. Other elements of that funding went into cliff protection measures. This final section of cliff protection measures is highly complicated and there has been some local reluctance around the plans that Network Rail originally put forward. That is why it has had to go back to the drawing board. At this stage we do not know the scope of the works or the costs, and therefore it is impossible to speak further about the funding.
My Lords, the Minister refers to keeping within the funding envelope. Is there any connection between the Government’s determination to cut taxes before the next election and the refusal to provide additional long-term funding for long-term investment? As a Government concerned with the national interest, should they not be more concerned with long-term investment than the short-term political advantage that a tax cut might provide before the next election?
The Government are always cognisant that we must provide value for money to the taxpayer. As I outlined in a previous answer, the amount of funding going into our railways is going up. We are very cognisant of the impact of that increased funding and the sorts of deliverables that we want to see out of it. I assure the noble Lord that the rail network enhancements pipeline, or RNEP, will include some of those enhancements and will be published soon.