(14 years ago)
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Thank you, Mr Weir. As people know, I represent the wonderful and beautiful constituency of the Calder Valley in west Yorkshire. Many would say, of course, that it rivals, or even exceeds, the beauty of Buckinghamshire. We live in an area that is rich in a history of industry, and more recently banking and financial services, as well as still being a major employer in manufacturing and distribution, with over 26% of our employees working in manufacturing. Imagine what economic benefits High Speed 2 would bring to those employees and manufacturers. Many of the 6,000 employees at the headquarters of Lloyds TSB and Halifax live in the Calder Valley, making our economy one of the most at-risk areas in Britain if we see a further slide in the banking and financial services industry.
I recently went to Paris on Eurostar from London. As we know, that line is Britain’s first high-speed rail link. It is incredibly useful to the economy of the south-east of England but not to Yorkshire’s, given that people can get a train and arrive at two different foreign capitals to do business more quickly than they can get a train in London and arrive in my constituency to do business. Pundits have spoken about the north-south divide in this country for many years. May I suggest that High Speed 1 to Paris has created not only a greater north-south divide, but also pushed the divide even further south? High Speed 2 would shorten that divide for Yorkshire.
The Calder Valley has a huge diversity of business.
I apologise for missing the earlier part of the debate; I was at another meeting. High Speed 2 will indeed provide benefits to Yorkshire. Does the hon. Gentleman agree that those benefits will also extend in due course further north—for example, to Edinburgh where my constituency is located, and to other places in the north of England and Scotland?
Without question, I agree with the hon. Gentleman. Indeed, let us get the first leg of the line into Yorkshire first.
As I said, the Calder Valley has a huge diversity of businesses—ranging from sole traders all the way up to some fantastic, world-leading businesses at the cutting edge—that contribute a gross value added average of £3.3 billion to our country. Our employees have the highest productivity rates in west Yorkshire and are among the highest in Britain, at £43,700 GVA per employee. Why should we not have access to our capital and other major cities at speeds equivalent to, or even better than, those available to the French or the Belgians?
We in Yorkshire do not advocate reducing access to our cities by foreign business with High Speed 1; we merely ask for a level playing field so that we can compete and play our part in our country’s economic growth. High Speed 2 will give Yorkshire just that—a level playing field, so that we can grow and continue to be the beating heart of England well into the next century. It is a place that we have earned, and deserve to have.
I thank the Government for consulting on the Y-shaped model for HS 2. I give the Minister the guarantee that we Yorkshire MPs will do all we can to ensure that it happens.