HS2: Revised Timetable and Budget

Jim Shannon Excerpts

Tuesday 14th March 2023 Commons Chamber

[Huw Merriman]

I think I got the gist, Madam Deputy Speaker. The reality is that the control period will see more than £40 billion spent on renewals across England and Wales, but, as I said earlier, Scotland has to find that funding for itself, and that is where the Barnett consequentials come in. There are no plans in the foreseeable future to change the manner in which we fund the network in the way that the hon. Gentleman described.

[Jim Shannon (Strangford) (DUP)]

By its very nature, HS2 is a strategic project from which everyone in the United Kingdom of Great Britain and Northern Ireland can gain some benefit. In 2010 it was expected to cost £33 billion, but that is now expected to soar to some £71 billion; meanwhile, there are reports of more delays and persistent congestion in areas such as Camden. Can the Minister reassure me that phase 1 is still on track to be completed by 2029, and that any further delays will be minor and will have no impact on the completion date?

[Huw Merriman]

As I said at the outset, the intention is to deliver the trains from Old Oak Common to Curzon Street Birmingham by 2033. There is a window between 2029 and 2033, and our commitment to delivering in that timeframe remains.

The hon. Gentleman mentioned the situation involving Euston, and I am obviously aware of the disruption that has been caused. I was heartened by a conversation I had with the leader of Camden Borough Council, who talked about the opportunities that that timeframe would afford for us to work together to try to find better solutions that will benefit the whole community, and I am absolutely committed to doing just that. I say to anyone, across the community, who wants to improve the HS2 project, “Get behind this, support it, and help me to sell the merits of HS2.” I think it is a fantastic opportunity—and, if that was the last question, I want to thank everyone who is working on HS2. I have full confidence in them, and I am sure the House does as well.