Andrew Turner
Main Page: Andrew Turner (Conservative - Isle of Wight)Department Debates - View all Andrew Turner's debates with the Department for Transport
(12 years, 10 months ago)
Commons ChamberAbsolutely. The benefits for the whole country are evident. The north-south divide is a problem that has faced successive Governments. Clearly, we are not arguing that HS2 will solve that alone—of course, it will not—but greater connectivity between our cities, such as Birmingham, Leeds and Manchester, to the rest of Europe can only help.
I want businesses in my constituency to enjoy having access to markets across Europe and the rest of the world. Transport links are crucial to making that happen. Too often, today’s network cannot cope. I recently went to Airedale International in my constituency. It is a high-tech industry that has just created a training centre. It is begging for high-speed rail, because it has a lot of business down here, but it has the skills up in the north. Why cannot we help it to expand to have both?
We often hear that High Speed 2 is a white elephant, but studies have shown that it will bring about £44 billion of economic benefit and 40,000 jobs, which is not to be sniffed at. I did not see that white elephant when the Thameslink benefit-cost ratio came in at 2.2:1, or when Crossrail came in at 1.92:1.
Can my hon. Friend say how much of the money found for the project will be public money, and how much will be private?
I would have to get the exact figures from my right hon. Friend the Minister. My point is that what we get back from HS2 will be far greater. If we look at the Jubilee line, the original benefit-cost ratio was 0.95:1. When it opened, that became 1.75:1, which shows that Governments are usually conservative in their estimates of the benefits that we can get from infrastructure. I did not hear about the white elephant when all the infrastructure projects I mentioned—southern infrastructure projects, funnily enough—were suggested.
I understand why Members are supporting and standing up for their constituents—of course they will do that—but they have sent confused messages. They say that they are against HS2 on environmental grounds, yet some of them say, “Build more roads instead.” They say that they are against it on business grounds, yet they never opposed Crossrail or the Jubilee line. They say that they are against it because no one will use it, yet huge investment is needed in Euston station because it will not cope. We need to plan ahead and be bold, or in 10 years’ time Members of Parliament will complain in the Chamber that we did not make the decisions now to bring about the modernisation of Britain’s railways.