(3 years, 2 months ago)
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I thank my hon. Friend for that point. I will talk about the benefit-cost ratio if I get there in time. The last benefit-cost ratio for the scheme was of course published when the last full business case was published in April 2020. It is worth saying that this is a long-term investment in the future of our country, and we should not base long-term investment decisions on what has been happening over 18 months.
I am one of those who are deeply sceptical about the value for money of this project. I can think of considerable other ways to invest that money that would have a much stronger economic benefit. On the impact of the covid pandemic, has the Minister considered the long-term impact of the growing use of Zoom, electronic communications and so on? Surely any sensible Government would look at the impact of that on business travel, commuter travel and so on as part of this project.
I thank the right hon. Lady for her point. Of course, the Government are looking at this in a cross-Government way. We are looking at changing working patterns, which have impacts not only on transport investment but on regeneration and a whole range of things. We will say more about our thinking in the coming months. As we said in the Queen’s Speech, we intend to bring forward a western leg Bill. Obviously, it would have to be accompanied by projections for the whole network, not just the western leg, so I hope we will publish more information on that in the very near future.