Transport (Investment)

Mary Glindon Excerpts
Tuesday 26th October 2010

(14 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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If the fundamentals of the scheme justify its promotion to the development pool, it will be so promoted.

Mary Glindon Portrait Mrs Mary Glindon (North Tyneside) (Lab)
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I thank the Minister for agreeing to meet my hon. Friend the Member for Jarrow (Mr Hepburn) and me, and I welcome the upgrade of the Tyne and Wear metro, but people need jobs to travel to. The A19 corridor is crucial to the north-east’s economic development. Given the importance of the tunnel opening in 2011 and the two junctions on either side being improved, will the Minister increase the size of the meeting to include some business people and councillors who will also be able to make that case ably?

Lord Hammond of Runnymede Portrait Mr Hammond
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I am always happy to hear from the business lobby and the most convincing arguments often come from members of the business community. The hon. Lady makes the case that investment in transport infrastructure is good for economic development, job creation and inward investment. We know all that; the problem is that we have to prioritise the capital funding that we have available. The only fair way to do that is to look at the value for money that different schemes return for taxpayers’ funding and ensure that we prioritise them accordingly.