Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Philip Davies Excerpts
Tuesday 5th September 2023

(8 months ago)

Commons Chamber
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The Chancellor of the Exchequer was asked—
Philip Davies Portrait Philip Davies (Shipley) (Con)
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1. What discussions he has had with the Secretary of State for Transport on the cost of HS2. [R]

John Glen Portrait The Chief Secretary to the Treasury (John Glen)
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The Chancellor launched the efficiency and savings review in the autumn statement to focus on the Government’s priorities and identify ways in which to work more efficiently and help to manage budgetary pressures from higher inflation. The Secretary of State for Transport and I discussed the costs of HS2 during the review, which helped to inform the decision to rephase certain parts of the project as part of balancing the nation’s books.

Philip Davies Portrait Philip Davies
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The travel between north and south is the bit of transport infrastructure that works; it is the travel across the north that does not work. What would the cost of HS2 have to reach for the Government to conclude that it no longer represents value for money for the taxpayer, or are the Government pursuing the essentially socialist policy that they will keep paying for this ridiculous white elephant irrespective of the final bill?

John Glen Portrait John Glen
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I took the precaution of researching my hon. Friend’s interest in this subject, and I note that he was issuing challenges on it 14 years ago. The Government remain—as they were then—fully committed to delivering HS2 and the integrated rail plan. This is a long-term investment that will bring our biggest cities closer to each other. It will boost productivity, and will provide a low-carbon alternative to cars and planes for many decades to come. As my hon. Friend knows, we are also working, through the IRP, on a £96 billion package to improve inter-regional rail connections, which obviously affects his constituents.