Helen Jones
Main Page: Helen Jones (Labour - Warrington North)Department Debates - View all Helen Jones's debates with the HM Treasury
(11 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Danny Alexander
I gave the figures for investment in infrastructure in answer to my hon. Friend the Member for Oxford West and Abingdon (Nicola Blackwood). We set them out in our national infrastructure plan and, what is more, with public and private investment taken together over the next decade or so, we have a pipeline of £375 billion-worth of projects. This is the first time that this country has had a serious long-term plan for investing in infrastructure. If the hon. Gentleman believes in the long-term health of the British economy, he should support our national infrastructure plan, not criticise it.
Helen Jones (Warrington North) (Lab)
Can the Chief Secretary confirm that the cost of High Speed 2 has increased by £10 billion under this Government, and can he tell the House when he will get a grip on the costs of this huge infrastructure project?
Danny Alexander
I do not recognise those figures. Back in the spending round in June, I set a cap on the costs of HS2 at £42.6 billion. We intend that it will be delivered substantially under that budget. The question for Labour Members is whether they support this project or not. Frankly, given the enormous benefits it will provide for cities across the north, Labour Members should support the scheme, not constantly undermine it.