High Speed Rail (Preparation) Bill Debate
Full Debate: Read Full DebateJonathan Edwards
Main Page: Jonathan Edwards (Independent - Carmarthen East and Dinefwr)Department Debates - View all Jonathan Edwards's debates with the Department for Transport
(11 years, 1 month ago)
Commons ChamberNo, I did not, but that is the sort of fine detail of the finance that we will need to look at, as it should be examined. One thing I have been trying to have a look at is Mr Higgins’s new employment contract, which I understand does not start until January. I have been denied sight of that, but I wanted to see what performance bonuses, or any other inducement or performance-related measure, it contained.
Amendment 27, tabled by the—[Interruption.] Forgive me, a year is a long time, and I cannot recall the constituency.
As a former Secretary of State for Wales, I am particularly concerned—[Laughter.] You can’t know everything, can you, Madam Deputy Speaker? I do apologise.
As a former Welsh Secretary, I am concerned that this railway, currently planned only to be in England, needs also to make sure that it bears the costs of “Barnettising” that expenditure, particularly for Wales, but also for Scotland, if the railway does not go there, and for Northern Ireland. That is particularly the case in the light of the PLANET Long Distance model—PLD—zone information in the KPMG report, which showed that places like Neath, Port Talbot and Newport completely miss out. I am sure the hon. Member for Carmarthen East and Dinefwr (Jonathan Edwards) shares my sadness that there are no Welsh Members on the Opposition Benches to plead the case for Wales. I am rather disappointed that they are not here because it shows that they are not interested in pressing the case for Wales.
I am afraid that I am very short of time.
That headline budget includes the costs of construction and procuring rolling stock. That is reflected in amendment 25, which I believe is superior to amendment 20, which has been proposed by the right hon. Member for Chesham and Amersham (Mrs Gillan).
In short, Ministers have failed to keep the costs under control. The rising budget for HS2 has damaged the public perception of the project. It is therefore vital that, under the incoming leadership of Sir David Higgins, financial discipline is imposed. The use of the project’s £14.4 billion contingency fund must be minimised wherever possible. Ministers must ensure that Sir David Higgins has their full backing in that task.
Amendment 25 is designed to ensure that that happens. It will introduce a powerful mechanism to ensure that there is financial responsibility. It will force the Government to announce any overspend of the yearly budget. It will also provide an incentive to identify areas in which costs can be reduced, as was successfully done on the Crossrail project.
I will not give way at the moment.
Given that the Government have produced annual budgets for the project up to 2020-21, it makes sense to measure progress against that yardstick.
The hon. Gentleman indicates that he wishes to move an amendment that has not been spoken to, and I cannot take his amendment.
Third Reading
Of course I do. I am more than happy to meet the right hon. Gentleman to discuss the particular issue of Euston station, because the redevelopment will bring specific problems. But we must also ensure that we get the very best deal for his constituents in the redevelopment of Euston station. I am meeting the leader of Camden council next week, although I do not know if the right hon. Gentleman will be there. I do not discount the concerns of local residents about the work on major infrastructure projects, and we have to take them into account.
Last week it was disclosed that the Treasury had made a mistake and awarded Barnett consequentials to Wales in the 2015-16 spending round. Subsequently, the Treasury said it would claw the money back in the next spending review and that it did not set a precedent. Will the Secretary of State confirm that there will not be a clawback, that the precedent has now been set and that Wales will have the consequentials? Unless he does so, we will vote against him on Third Reading.
It would be a brave Secretary of State who started second-guessing the Treasury, and I will not do that now. I understand the hon. Gentleman’s representations and will bear them in mind.
I will briefly explain the next steps. We intend to submit the hybrid Bill before Christmas. In February, the growth taskforce reports. I know the challenges ahead, but also the opportunities. We are not here to patch up our railway once again, only to spend far more later when it turns out that we should have invested properly at the start. It will take determination to strengthen our country. I urge this House to support the Bill. It is our chance to get ahead and to invest in our long-term prosperity.