All 1 Debates between Michael Fabricant and Robert Syms

UK Canals and Waterways

Debate between Michael Fabricant and Robert Syms
Tuesday 22nd November 2022

(2 years, 1 month ago)

Westminster Hall
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Michael Fabricant Portrait Michael Fabricant
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I thank my hon. Friend for making that point. I have forgotten its name, but I have walked along the canal in Stone. It is a beautiful canal, and all the things it generates, such as pubs and the local life, mean that it is very much at the heart of the community.

To go back to funding, about half of the trust’s planned asset spend is now on reservoir safety. It has added about £70 million to its priority expenditure over five years. Despite those pressures, it has been very effective in developing its own income sources to reduce dependency on future Government funding. Its endowment has grown ahead of market benchmarks, and it has found innovative ways to grow commercial and charitable income.

The trust has built strong partnerships with others, such as the People’s Postcode Lottery, which has been a long-term funder, acting as a delivery partner with the Ministry of Justice, the Department for Transport, important public agencies such as Sport England and Natural England, and health service providers, which recognise the tangible benefits the trust can deliver. In 2021-22, the Government grant fell, having made up nearly 40% of the trust’s total income in the British Waterways days before 2010, and it is projected to decline to 20% of the trust’s income by 2027. The trust has therefore not been sitting idly by, just relying on Government funding.

The trust remains fully committed to reducing the share of its funding coming directly from Government over the long term and is continuing to work in partnership. That transition has to happen at a pace that reflects the reality on the ground; securing the investment our waterways need must be the priority. Without that, their future is at risk, the trust’s ability to maintain them is jeopardised, and millions could stand to lose the enjoyment of such a wide-reaching and essential national asset—what I referred to as a national treasure and part of our national heritage.

For those who live on boats, for businesses that depend on waterways, which we have heard about today, and for the services and utilities that need to be carried out on well-maintained towpaths, the effect could be even more devastating. The decline and deterioration of the waterways is an unthinkable outcome for the nation and the communities we represent. I spoke about this the other day on ITV, which also reported from a narrow boat, whose owner painted a bleak picture of what life on the waterways could be like. She said:

“Without that top layer of money coming in, the canals will probably go to rack and ruin; they’ll probably become muddy ditches and then nobody will want to walk along them, anglers won’t be able to fish and boaters will have nowhere to go.”

She compared the prospect of the decline of our canals—so central to our industrial heritage—with letting the Tower of London fall down.

Our canals are no longer simply remnants of our industrial past; they are a significant social, environmental and economic contributor to our modern society and an integral part of our national infrastructure and heritage. The Minister needs to confirm the timeline for these vital decisions, so that the trust is able to plan the vital investment in our waterways for the longer term, and to give reassurance to the millions who care so passionately for them. That the Government remain committed to the future of our national canal network must be made clear. Underfunding our canals would be a false economy; once they begin to decline, their demise may become inevitable and their benefits may be lost, as they enter a vicious circle, falling into ever worse neglect and disrepair. Like the once great Chesapeake and Ohio Canal, only once they are gone forever will a nation mourn their passing.

Robert Syms Portrait Sir Robert Syms (in the Chair)
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I would like the winding-up speeches to start from around 10.30 am. If Members could stick to five minutes, that would be great. I call Jim Shannon.