Thursday 3rd June 2010

(14 years, 5 months ago)

Commons Chamber
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Nick Raynsford Portrait Mr Raynsford
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I am grateful to my hon. Friend for that observation, which I entirely support and agree with, although I am obviously going to focus on some of the specific concerns for my constituency in south-east London. However, he is right that there are benefits in his constituency—Canary Wharf is one of the major station sites—for London as a whole and, indeed, for the whole country.

The benefit is not limited to boroughs with immediate station access to the network. My borough of Greenwich is projected to benefit in 2026 by £84 million, but other boroughs, such as Barnet—the Minister’s borough—will see projected benefits in excess of £30 million in that year. Given the importance of the scheme, it might appear surprising that it has taken so long to reach the construction phase. The concept has been around for decades, but as the Minister will be aware, the project has had to go through many hoops to get where we are today.

Clive Efford Portrait Clive Efford (Eltham) (Lab)
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Does my right hon. Friend share my feeling of déjà vu at being here trying to convince yet another Government of the importance of Crossrail, and in particular the extensions to outer London, which are so vital to the economic viability of the areas that we represent? When he develops his argument, will he underline the fact that the scheme has been debated at great length? A great deal of local debate has gone into providing the detail that will benefit south-east London and, more widely, London as a whole.

Nick Raynsford Portrait Mr Raynsford
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I am grateful for that intervention from my hon. Friend, who knows only too well the importance of improved transport links to south-east London. He is also aware of the battles that we have had to fight over the years to secure investment in improved transport linkages, not least at the Crossrail station at Woolwich, to which I shall refer in a moment.

The concept of Crossrail has been around for a long time, but the scheme has had to go through many hoops. There was a false start under the previous Conservative Government in the 1990s, and the current scheme was subject to lengthy and detailed scrutiny during its passage through the last Parliament. Members who were in this place at that time and who followed the Crossrail Bill will know of the degree of detail entered into by those Members who served on the hybrid Bill Committee, and they will appreciate the great endeavour that the Bill demanded of those Members.

The result was clear, with strong support from the Committee for a scheme that would connect east with west and the City with Canary Wharf and Heathrow, as well as linking communities both in south and east London and out along the Thames Gateway to major employers in the centre of London. The Committee was also clear on the strong case for a station at Woolwich. The Woolwich station was incorporated in the Bill at the Committee’s instigation, not least because its work demonstrated both the favourable cost-benefit ratio for the station in transport terms and its huge regeneration potential in a deprived area of south-east London. The population in my borough of Greenwich is projected to grow by 113,000 by 2031. At the same time, the number of jobs in the borough is projected to increase by just 8,000; however, just across the river, Canary Wharf will require an extra 110,000 workers. Linking the two is vital, and with just a seven-minute journey time from Woolwich to Canary Wharf, Crossrail would meet the need admirably.

Demand for transport links is often underestimated. When the docklands light railway first came to Woolwich 18 months ago, Transport for London estimated that 2.4 million journeys would be made annually to or from Woolwich Arsenal station. Yet in the first year of the DLR’s operation to Woolwich, actual usage was 5 million—more than double the estimated number of users. That demonstrates the huge demand for improved services and the potential for Woolwich to serve as a strategic transport hub, bringing hundreds of thousands of homes within commutable distance of Canary Wharf and the City of London.

The huge benefits to business and the economy from Crossrail explain how the funding package for the project is heavily supported by business contributions. Business organisations such as London First have passionately advocated the scheme, and the business community is supporting Crossrail in two distinct ways.