Network Rail’s Enhancements Pipeline

Baroness McIntosh of Pickering Excerpts

Wednesday 21st October 2020 Lords Chamber

[Baroness Vere of Norbiton (Con)]

The noble Lord is wrong to extrapolate quite as far as he did. We have a relentless focus on controlling costs. He is right that there are some cost pressures from the preparatory works, but we remain confident that HS2 phase 1 can be built within the target cost of £40.3 billion.

[Baroness McIntosh of Pickering (Con) [V]]

My Lords, I welcome the improvements being made to King’s Cross Station, but does my noble friend accept that on any measure of cost-benefit analysis or impact assessment, HS3, now called Northern Powerhouse Rail, will deliver more in terms of economic benefits to the north of England and the levelling-up programme of this Government that I support? When will it be built?

[Baroness Vere of Norbiton (Con)]

The project to which my noble friend refers will be considered as part of the integrated rail plan. That will look at the delivery of high-speed rail alongside all other rail investments in the north and the Midlands.