High Speed 2
Debate between David Mowat and Andrew Gwynne(14 years ago)
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Andrew Gwynne
I was referring to the west midlands metropolitan area, but I am not responsible for the replies given by the Department for Transport.
David Mowat
On that point, the figure cited by the hon. Gentleman of just over £5 billion came from the West Midlands chamber of commerce. The figure was generated in the region, and one would imagine that it is most unlikely that some of the money did not come from Staffordshire.
Andrew Gwynne
I am grateful to the hon. Gentleman for clarifying that point.
If, in time, an extension of the network to Scotland was to proceed, there would be a benefit of nearly £20 billion to its economy. HS 2 believes that the benefits of high-speed rail far outweigh the estimated costs, with the project yielding more than £2 of benefit for every £1 of cost.
There are clearly several arguments in favour of high-speed rail. It is a possible solution to the expected increase in passenger numbers, it will undoubtedly slash journey times and it could allow a much better integration of existing rail services regionally, nationally and internationally. However, we have to take on board the fact that not everyone is in favour of high-speed rail. I accept that, as the hon. Members for Wycombe and for North Warwickshire (Dan Byles) said, some communities will be impacted through the construction and operation of high-speed rail. The Labour Government were mindful of the fact that, in making proposals for a route, there has to be an attempt to minimise local impacts while achieving the wider objectives.