(11 years, 4 months ago)
Commons ChamberI am very glad that we managed to get through the preceding group of amendments without a vote. I think it is clear that the Government have not allowed enough time for proper scrutiny of the Bill, and it worries me considerably that a wider audience beyond the House will not understand that we reached that point. I shall therefore try to speak fairly briefly on this group of amendments, although it is one of the most important groups, apart from—if the Government press on with their proposals—the group relating to compensation, which is of great concern to everyone in the House.
HS2 is a huge financial risk. For some time, people—including, I believe, the Information Commissioner—have been pressing for the Government to release the Major Projects Authority report in full, but, as far as I am aware, neither that full report on the implications nor the amber-red report has yet been made available. Certainly neither has been made available to my office.
When I asked the Secretary of State
“if he will publish the report from the Audit and Risk Management Committee presented at the board meeting of HS2 Ltd on 18 July 2013”,
he replied:
“The update from the Audit and Risk Management Committee was given verbally at the meeting. HS2 Ltd does not hold a written report.”—[Official Report, 8 October 2013; Vol. 568, c. 193W.]
In the absence of the transparency that would enable us to read the risk analysis from the Major Projects Authority, and given the Secretary of State’s response to a request for a regular update on financial risk, it is difficult for us to assess whether the Government are sticking to their guns.
In amendment 20, I have sought to provide the cap that everyone is talking about. I had expected Labour Members to table such an amendment, and I am surprised that they did not, because they have made much of the fact that they will not give this project a blank cheque, and that the expenditure can go only so far and no further. Amendment 25—which I think the Government are minded to accept, as two Conservative Members have added their names to it—is limited to some financial reporting, and some crystal ball-gazing on the effect that an underspend or an overspend would have. It reminds me rather of “The Merchant of Venice” in many ways. I think that the Labour party has bottled out completely and remains sitting on the fence, and I do not think that people will forgive it for that.
I want the cost to be contained as well, but does it not worry the right hon. Lady that if she presses ahead with her amendment, she will effectively put a cap on transport links to northern cities, in which none of her side was interested when we were talking about London and south-east developments?
I do not think that that is true at all. I think that what I am doing is giving Members—such as my right hon. Friend the Member for Chelmsford (Mr Burns)—who claim that the project will come in at bang on £42.6 billion, or indeed less, an opportunity to enshrine that in statute.