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High Speed Rail (West Midlands - Crewe) Bill: Revival Debate
Full Debate: Read Full DebateBernard Jenkin
Main Page: Bernard Jenkin (Conservative - Harwich and North Essex)Department Debates - View all Bernard Jenkin's debates with the Department for Transport
(4 years, 9 months ago)
Commons ChamberWe are told that the cost has risen from £57 billion to £80 billion, and rumour has it that it is now more than £100 billion. I am not in a position to make an informed judgment because I am not in possession of the information that Ministers have, but people are understandably concerned about costs increasing at such a rate.
In fact, the Carillion collapse meant that all the Carillion liabilities for the contract were transferred to the two other contractors. Where was the harm in that? Was that not a rather skilfully let triple contract?
On the contrary, it was one of the most cataclysmic episodes of the HS2 story. When everybody and his dog knew that Carillion was in difficulties, and hedge fund managers were making millions on the demise of Carillion, this Government ploughed on with it, regardless of the information that was in the public domain. It was clear evidence of utter incompetence.
The Oakervee review was correct to say that HS2 must be a fully integrated part of the modern railway system and must extend to the great cities of the north, linking up with Crossrail for the north and on to Scotland, to curtail the demand for domestic flying in this country at the earliest opportunity.