Lord McLoughlin
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Lord McLoughlin Excerpts(5 years, 4 months ago)
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Liam Byrne
I will in a moment.
Coming from Birmingham, what I treasure above all is jobs. We have had the slowest jobs recovery since the financial crisis of any city region, and HS2 will bring lots and lots of jobs, not at some distant point in the future but over the next five years. It will bring something like 33,000 jobs around Curzon Street and 77,000 jobs around Birmingham Interchange, in addition to the 30,000 jobs that will be created on the line at peak. This is the most important fiscal stimulus outside London and the south-east. Indeed, if we were to cancel HS2, I would bet my bottom dollar that we would put the midlands back into recession within a year.
Sir Patrick McLoughlin (Derbyshire Dales) (Con)
Will the right hon. Gentleman, with his local knowledge, describe what is happening around Curzon Street now, and what has happened around Curzon Street for the last 20 years?
Liam Byrne
The former Secretary of State is right to make that point, because a number of significant businesses are now relocating to what is the worst unemployment hotspot in the country; the worst unemployment and youth unemployment in the country is in and around east Birmingham. We have a chance ahead of us to wipe out that youth unemployment, but only if we grasp the nettle and drive through HS2.
Victoria Prentis (Banbury) (Con)
With that in mind, Mr Hosie, I endorse wholeheartedly everything said by the first three speakers, and particularly my right hon. Friend the Member for South Northamptonshire (Andrea Leadsom), who truly eviscerated the business case for HS2. I politely disagree with the right hon. Member for Birmingham, Hodge Hill (Liam Byrne). I do not feel that £100 billion is worth some jobs in Birmingham; there may be ways to assist with employment in Birmingham other than by spending £100 billion of taxpayers’ money. [Interruption.] I do not have time to go through all his arguments in detail, but I look forward to talking to him firmly about it later.
I will make two brief points. The first is romantic, which I make no apology for. We love our area. It is fair to say that some objections to HS2 are a form of—
Ms Ghani
The business case has not moved from speed to capacity. People hooked on to the speed aspect in the early days, because it was seen as a shiny new train, but capacity, job creation, skilling up and smashing the north-south divide were always important aspects. If hon. Members fixated on one point and now realise there are many more, that is for them to come to terms with.
Sir Patrick McLoughlin
The Minister is right. Those people who say that the case has changed from speed to capacity should read the original document put out by the Labour Secretary of State for Transport at the time, which spoke more about capacity than speed.
Ms Ghani
My right hon. Friend is a huge source of knowledge on this issue, as he is a former Secretary of State for Transport. He is right that all of those arguments have always been there. Unfortunately, people fixated on one or two points and now they are rather surprised that a large infrastructure project, which moves people from A to B, has many other positive impacts.