Railways: Investment

Lord Fowler Excerpts

Thursday 25th November 2010 Lords Chamber

[Earl Attlee]

My Lords, with regard to the noble Lord’s kind words about the difference between this place and another place, I could not possibly comment. The noble Lord talked about electrification out to Bristol. That is an important point. As I said, it is closely linked to the IEP solution and the development of the business case. He talked about a possible contribution from the Welsh Assembly Government. I think that he is thinking along the correct lines. I will talk to the officials and reflect on his points about overcrowding. The decision regarding fares was difficult, but we have to get some more income to pay for the improvements. However, it is certainly not a mechanism to choke off demand and passengers. We want people to travel by rail; we do not want them to travel by car.

[Lord Fowler]

My Lords, is the Minister aware that the government Statement that he has made is important and will be widely welcomed throughout the country, not just in London but in many other parts as well? Is it not sensible, even in these times of austerity, that plans for capital investment should go ahead and be sustained? In the past, it has been the case that capital projects have been cut back. That is one of the most significant parts of the Statement. I underline the importance of the high-speed service to Birmingham; it is important not just to Birmingham but to commerce, industry and business in the whole of the West Midlands. I hope that he will take it that there is a great deal of support for that new service.

[Earl Attlee]

My Lords, it is an important Statement. I also look forward to making further welcome Statements about the development of our railway system. My noble friend is right about capital investment; we are spending for future growth. He talked about the benefits of High Speed 2 for the Midlands, but it would also give benefits much further north.