Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 3rd October 2019

(4 years, 12 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I hope the hon. Gentleman will know that I am a Minister who always listens. He represents a beautiful part of the world in the Lake District, whose benefits I have been delighted to enjoy on many visits. I am very aware of this issue, which is obviously under active consideration. One point is that post 1 November, the UK will be able to set its own immigration policy that is right for this country. We are aware that the tourism sector is reliant on domestic talent, but also on recruiting from overseas.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Kettering may not be the first place people think of when it comes to tourism, but they would be wrong, because located in the beating heart of the east midlands, right in the middle of the town, is Wicksteed Park. It was the first ever leisure park in the UK devoted to children’s play, and it attracts 800,000 visitors a year. It is supported by the Heritage Lottery Fund, and it will be celebrating its centenary in 2021. Will the Secretary of State ensure that Wicksteed Park is at the forefront of her mind whenever she considers tourism?

Baroness Morgan of Cotes Portrait Nicky Morgan
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As my hon. Friend knows, Kettering is very much in my heart because I go through it at least twice a week on the East Midlands Trains service to and from my constituency. I am delighted to hear that Wicksteed Park is supported by the Heritage Lottery Fund. This goes to the heart of the fact that there are some real treasures up and down the country. This is about the importance of place and ensuring that we invest in it.

--- Later in debate ---
Baroness Morgan of Cotes Portrait Nicky Morgan
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The BBC has provided assurances that it will deliver the most sensitive possible handling for those who are affected and will work with older people’s groups, charities and voluntary organisations to design a bespoke system to support all those over 75 that will include new easy payment plans and an information and advice programme. We want everyone who is eligible for pension credit to make sure that they claim it, so that they get the benefit of the free TV licence.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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I declare my interest as a member of Kettering Borough Council. Will the Secretary of State join me in congratulating the council on its decision to match-fund its successful £2 million bid for a heritage action zone in Kettering town centre with a further £2 million, and does she agree that that £4 million proactive investment in the local high street must be good news for the local economy?

Baroness Morgan of Cotes Portrait Nicky Morgan
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I am delighted to congratulate Kettering Borough Council on its match funding. It shows that Government investment will often unlock other funding, whether from the private sector, the local authority or others, to make sure that our high streets are the thriving places that we all want them to be.

Midland Main Line Electrification

Debate between Philip Hollobone and Baroness Morgan of Cotes
Monday 7th November 2016

(7 years, 10 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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My hon. Friend makes a good point. He is right to say that the scheme represents very good value. The Minister might want to address the benefit-cost ratio. It is why we midlands MPs, as well as those from further north, feel so strongly that it should not be our area that pays yet again for cost overruns elsewhere in the country.

I mentioned the pausing and how it led to the technical team that Network Rail put together being demobilised. The extended completion date of 2023 is not ideal, but the decision of the previous Secretary of State to press ahead gave certainty to passengers, local communities, businesses and investors. I am reassured that the main upgrade measures remain on track to be delivered by 2019, and by recent public statements from Network Rail that work on electrification is also progressing. The reason for holding this debate is that colleagues in the industry tell me that there is no such thing as a committed transport scheme until it is actually built. A number of local interests have contacted me and other Members to say that another pause, or worse, could be in the offing.

The debate gives the Government the opportunity to set the record straight and confirm support for the whole scheme. The economic, environmental and practical arguments for electrification remain as strong as ever. In addition, I draw the Minister’s attention to the impact that any further delay or uncertainty over the electrification of the midland main line would have.

Rolling stock has already been mentioned. As we have heard, the current fleet of high-speed trains is approaching 40 years old and will have to be replaced by 2020. Currently, there is no clear plan for that. While I understand that the Government’s stated preference is to procure new rolling stock through the forthcoming franchise competition, as the new franchise is not planned to commence until July 2018, it is unclear whether that can be achieved. Without certainty over the electrification process, it will be difficult for the private sector to make that investment, unless the Government specify electric-diesel bi-mode rolling stock.

It has been mentioned that the plan for re-letting the east midlands franchise already falls mid-way through electrification and track upgrades, and that the revised completion for electrification to Sheffield already falls mid-way within the next franchise period. Both of those will present significant challenges for the next operator.

HS2 has been mentioned, too. The east midlands has developed a strong local consensus in support of HS2 and a hub station at Toton. Key to unlocking wider connectivity via HS2 is the ability to run so-called “classic compatible services” via the hub station, which will require an electrified midland main line. HS2 Ltd’s recent proposals for serving Sheffield midland station via Chesterfield will also require an electrified railway.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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My right hon. Friend has made a hugely impressive speech and a devastatingly powerful case, uniting both sides of the House. Should not the Minister commit in his response to meeting all of us with the Secretary of State so that we can impress on them how important this issue is to all our constituencies and the fact that we refuse to be left behind again?

Baroness Morgan of Cotes Portrait Nicky Morgan
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My hon. Friend has it absolutely right. Yes, the midlands refuses to be left behind on this important infrastructure project. I hope that the Minister will agree to facilitate a meeting with the Secretary of State as well as him, so that we can continue these discussions. I look forward to hearing the Minister confirm that.

We have also talked about the impact on the local supply chain. Any further delay or uncertainty will fundamentally undermine business confidence in the Government’s ability to deliver major investment. We have also heard about the potential impact on apprenticeships. For our residents and constituents, electric trains offer a quieter, smoother and more reliable passenger experience. They have a positive impact on air quality and thus on people’s health, which is becoming a major issue in many areas along the midland main line.

In conclusion, the midland main line is a major driver of local economic growth and a key asset, as we have heard, for the Government’s midlands engine initiative. The upgrade and electrification scheme was conceived as an integrated package. Only by implementing the whole scheme can the benefits to passengers, freight operators and local businesses be delivered in full. It remains vital that the Government deliver the upgrade and electrification scheme in full by 2023 at the latest. I hope that the Minister will acknowledge the concerns of Members and give his commitment to the whole scheme. We heard the invitation of my hon. Friend the Member for Kettering (Mr Hollobone) for the Minister to agree to facilitate a meeting between himself, the Secretary of State and Members present today.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 26th November 2015

(8 years, 10 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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The hon. Lady is right to say that the gender pay gap in Scotland is lower, and that is why I was delighted to visit Scotland recently to meet counterparts in the Scottish Government, successful female entrepreneurs and Professor Lesley Sawers, who has, at the request of the UK Government, been doing a lot of work in Scotland on women in enterprise. One reason we are stronger together is that we can all learn lessons from each other.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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At 35%, the gender pay gap in the finance and insurance sectors is the biggest in the land. What are the Government doing to tackle that?

Baroness Morgan of Cotes Portrait Nicky Morgan
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I am delighted to say that those sectors are already taking responsibility for tackling the issue. They are learning from the Government’s voluntary approach to women on boards, and I am pleased that Jayne-Anne Gadhia from the finance sector and others in the insurance sector have recently launched voluntary initiatives to ensure that companies publish their own gender pay gap. Larger companies will, of course, also be caught by the regulations that we are due to publish shortly.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 15th October 2015

(8 years, 11 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I cannot remember another occasion when a Prime Minister has turned up to something like a CBI conference and chosen the issue of the gender pay gap to highlight. I think that sends the greatest signal. With regard to our MEPs, the view that was taken was that this is a matter for member states, and we could not have a stronger signal from the top of this Government downward that, in this member state, this Government and this Prime Minister intend to tackle the gender pay gap and eliminate it.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Will the Minister organise a meeting in her office to which she can invite the chief executives of the largest employers with the largest gender pay gap and the chief executives of the largest employers with the smallest gender pay gap so that one group can learn from the other?

Baroness Morgan of Cotes Portrait Nicky Morgan
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I thank my hon. Friend for that very practical suggestion. I am sure that my officials have taken a careful note of it, so we will go away and see how and when we can make it happen.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Monday 20th July 2015

(9 years, 2 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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It will not surprise the hon. Gentleman to know he is absolutely right: I will not listen to him. However, I do engage with headteachers up and down the country, who tell me about their successes with recruitment, as well as the challenges that remain. As I said, we recognise that there are pressures. As the economy recovers, of course recruitment to something as worthy as teaching will become more of an issue, but that does not mean it is worth talking down the profession, as Labour and the teaching unions sometimes do. The teacher vacancy rate remains as low as 1%, while 90% of those entering teaching are still in the profession after their first year.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Please can we have more former members of the armed forces in our schools? Members of Her Majesty’s armed forces display the very best of British values, so will she look to supercharge the Troops to Teachers programme to get more of these outstanding individuals into our classrooms?

Baroness Morgan of Cotes Portrait Nicky Morgan
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I absolutely agree with my hon. Friend that the skills that those who have served in our armed forces can bring to working with young people in schools up and down the country are enormous. I was delighted some months ago to visit the latest recruits to the Troops to Teachers training scheme in Bristol, all of whom were brilliantly engaged and will be a huge asset to the classroom. Of course, we believe in the military ethos programme, and I have also set aside £50 million to grow the cadet forces in our schools.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 2nd July 2015

(9 years, 2 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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The hon. Lady raises an important point. The Government have made it clear that we would like employers to consider paying the living wage, but it has to be the right decision for them. We have made moves to increase the minimum wage, and we have increased the level at which people start to pay income tax, which has disproportionately affected women.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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32. In a letter from the Minister’s Department in March, I was informed that the greatest gender pay gap could be found in the finance and insurance sectors, in which it is 35.2%. Is that a problem? If so, what specifically is she doing about it with those sectors?

Birmingham Schools

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 29th January 2015

(9 years, 8 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I thank the right hon. Gentleman for the tone and spirit of his remarks. He has worked incredibly hard with the schools in his constituency and the wider Birmingham area in the aftermath of the reports from last year. He is absolutely right. We do not want the message to go out that we do not want people from Muslim communities or any other community to stand as governors of their schools. I am happy to look at the particular issue he has raised. I join him in thanking all those who worked so hard last summer to get the schools open. At the end of the day, this is all about making sure that the young people at the heart of those schools get the best possible education to fulfil their potential.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Teachers, governors, pupils and parents should be focused on promoting rigorous academic standards and not on pursuing particular agendas, whether relating to extremism or anything else. With regard to the role of school governors, is there no commitment or undertaking they have to sign to say that they will be committed individually to the promotion of British values, so that we can hold errant governors and teachers to account?

Baroness Morgan of Cotes Portrait Nicky Morgan
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Although we do not ask them to sign something, all governors are subject to the governors handbook, which was updated last September with some important changes and clarifications. In particular, one paragraph mentions the need for governors to ensure that a school’s ethos promotes the fundamental British values I mentioned in my statement. We could give the matter some consideration, but as my hon. Friend will know, just because someone signs a piece of paper does not necessarily mean that they have taken onboard all that it requires. One thing this matter has taught us is the need for cultural change as well.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Monday 19th January 2015

(9 years, 8 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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The hon. Gentleman will know that qualifications to accounts do not necessarily equal the same as the severe financial irregularities to which he appears to allude. I hold regular conversation updates with the permanent secretary and officials to look at the status of the Department’s financial statements.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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The cluster academy of Montsaye academy in Rothwell, together with local primary schools in Rothwell, Desborough, Wilbarston and Rushden, is working very well in providing a more seamless education for local children from primary all the way through to 18. How might the best practice from clusters such as Montsaye be best spread across the rest of Northamptonshire and the rest of the country?

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Thursday 16th October 2014

(9 years, 11 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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In fact, I have noticed. I entirely agree with the hon. Gentleman and would like to congratulate all the women who are setting up businesses in this country and obtaining funding, whether via crowdfunding or any other sources. It is worth pointing out that in 2012 20% of our small and medium-sized entrepreneurs were either run by women or by a team that was over 50% female, which is an increase from 14% in 2008.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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The Minister will recognise the importance of the Federation of Small Businesses in encouraging women to come forward and become entrepreneurs, particularly the FSB breakfast clubs, such as the one in Kettering, which give women the opportunity and confidence to get plugged into local business networks.

Baroness Morgan of Cotes Portrait Nicky Morgan
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I entirely endorse my hon. Friend’s comments about the importance of the support that organisations such as the FSB can give to anybody thinking about setting up a business. I would like to draw the attention of all entrepreneurs, but particularly female entrepreneurs, to a new web page for potential and existing female entrepreneurs on the Great Business website—greatbusiness.gov.uk.

Birmingham Schools

Debate between Philip Hollobone and Baroness Morgan of Cotes
Tuesday 22nd July 2014

(10 years, 2 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I thank my hon. Friend. He knows me well enough to know that I do not listen to the siren voices from the Opposition Benches. As I said yesterday, I remain committed to the Government’s reform agenda, but the most important thing at the heart of all this is the education of our children, their future and making sure that they are able to take their place in a modern Britain and a modern world. That is exactly what the Department, working with teachers, head teachers and governors across the country, is focused on.

Philip Hollobone Portrait Mr Hollobone
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In my right hon. Friend’s statement, she made reference to the council’s own report by Ian Kershaw which concluded that the council’s inability to address these problems had been exacerbated “by a culture of not wanting to address difficult problems where there was a risk of accusations of racism or Islamophobia.” Does my right hon. Friend agree that there is a chilling effect which prevents effective local government governance or effective governance in schools, where people do not have the confidence to tackle issues involving ethnic minorities because of the risk of being accused of being racist? How are her Department and the Department for Communities and Local Government going to come together to give such people the confidence they need to tackle these issues head-on?

Baroness Morgan of Cotes Portrait Nicky Morgan
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My hon. Friend is right to highlight that part of the report. It will be the experience of all Members on both sides of the House that, when dealing with issues in their communities, if we ignore a problem, it does not go away; it only gets bigger. That is what has happened here. The problems were highlighted, but they were not taken on board and they got bigger. I sincerely hope that the reports being published and the further work that all of us who are involved will do will give confidence to the governors, as my hon. Friend suggests.

Oral Answers to Questions

Debate between Philip Hollobone and Baroness Morgan of Cotes
Tuesday 24th June 2014

(10 years, 3 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I am sure that the hon. Lady will welcome the fact that there has been a 24% fall in her constituency in the number of young people on jobseeker’s allowance, and the long-term economic plan is for all people. My hon. Friend the Exchequer Secretary has always talked about the rise in the personal allowance, and it is this Government, as we have already heard, who are taking action on zero-hours contracts. The last Government had 13 years to tackle them and failed to do so.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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The Minister will know that Kettering is very much middle England at its best. With a 2,500 increase in local jobs since the last election, does that not demonstrate that plan A is most definitely working, and there is absolutely no need for a plan B?

Section 5 of the European Communities (Amendment) Act 1993

Debate between Philip Hollobone and Baroness Morgan of Cotes
Wednesday 30th April 2014

(10 years, 5 months ago)

Commons Chamber
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Baroness Morgan of Cotes Portrait Nicky Morgan
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I thank all hon. Members who have contributed to this extremely interesting debate. I will deal briefly with some of the points that have been raised. I hope to address all of them, but if I do not I will obviously be happy to discuss them afterwards and to try to answer any further questions.

I thank the shadow Minister for welcoming me to my new post. She is absolutely right that we will be seeing a lot of each other over the next few weeks as we deliberate the Finance Bill upstairs in the Committee Room. What I think was most interesting about her speech was that, rather like the Leader of the Opposition’s response to the Budget statement, it did not mention the EU very much at all. She went through the Opposition’s views on the Government’s economic policy, but I must say that I did not detect any signs of their own economic policy, which appears to be missing. That was interesting, given that the hon. Member for Blackley and Broughton (Graham Stringer) did mention the EU—I will mention his speech in a moment.

It is extraordinary that the Opposition, having previously claimed that there would be no recovery, that any recovery would be choked off and that we would have 1 million more unemployed people, are now saying that the recovery is too slow. No doubt they will move on to another form of criticism in due course. However, I am pleased that the hon. Lady did at least welcome yesterday’s figures on GDP growth, which are significant. As I said in my opening remarks, they show that the economy is growing and that we have momentum, but the job is not yet done.

Philip Hollobone Portrait Mr Hollobone
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My hon. Friend is being far too modest —hiding her lamp under a bushel—because her own publication clearly states:

“Since early 2010, the pace of net employment creation has been 3 times as fast as over the same period in previous recessions and recoveries”

since 1973.

Baroness Morgan of Cotes Portrait Nicky Morgan
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I thank my hon. Friend for reading the document assiduously and quoting from it. Yesterday’s figures are a positive step, and the employment figures are very encouraging. As we know from the note left by the last Chief Secretary to the Treasury under the previous Government, there was no money left, because they had spent it all. This Government have had quite a task to rebalance our economy and fix the deficit.

The shadow Minister mentioned the Budget’s focus on savers. Let me tell her that millions of basic rate taxpayers are savers, because she somehow dismissed them by saying that we are not talking about households. I do not know where she thinks savers live, but they form their own households. As my right hon. Friend the Chancellor said, we are on the side of savers and hard-working people of all types. She also mentioned the savings ratio. The latest OBR forecast shows that the savings ratio will be around 4% over the next two years, which is still well above the pre-recession low of 0.2%. I honestly do not know how she has the nerve to criticise the ratio when people are still saving more in this country.

Let me move on to the characteristically eloquent speech from my hon. Friend the Member for North East Somerset (Jacob Rees-Mogg), which showed his expert understanding. I was delighted not only that he could be here for the debate, but that he supports the Government’s approach. I have taken his comments on board, but I am glad that he can support the announcements my right hon. Friend the Chancellor made on recent fiscal events and this document. That is very important.

The hon. Member for Blackley and Broughton set out his unhappiness with the process. I understand what he was saying. He also mentioned the impact of the eurozone crisis on our economy over the past few years, which was important, and I am glad that he did so. He asked two specific questions. On the multi-annual financial framework, the Prime Minister agreed a real-terms cut in the payment ceiling to €908.4 billion, which is €80 billion lower than the Commission’s original proposal, €35 billion lower than the 2007-2013 multi-annual financial framework and €24 billion below a real-terms freeze on the last completed budget in 2012. That is why I could make my remarks about the Prime Minister’s achievements in negotiating a real-terms cut in the multi-annual financial framework.

The hon. Gentleman also mentioned the financial transaction tax, and we have heard the news today from the European Court of Justice. Let me set out that the UK will not be joining the enhanced co-operation financial transaction tax. Today’s judgment confirmed that the UK can challenge the final proposal for a financial transaction tax if it is not in our national interest and undermines the integrity of the single market. Today’s announcement also confirms that the UK can challenge the eventual implementation if necessary without running the risk of the challenge being too late. We needed to make an early challenge in order to set out our stall for later negotiations for a financial transaction tax should they prove to be disadvantageous to the UK.

My hon. Friend the Member for Bury North (Mr Nuttall) set out in his characteristically forthright style that he fundamentally disagrees with the whole process, which I fully respect. I am, however, sorry that he will not be joining us in the Lobby this afternoon. He will understand that we are currently part of a treaty that requires us to submit this convergence programme, and I explained to him following his earlier intervention why we wanted to submit a final document, rather than the draft that has been submitted in previous years.

My hon. Friend also asked about last year’s response from the EU. There was a response and I sent the European Scrutiny Committee an explanatory memorandum about that. He also asked about renegotiation, and I take note of what he said. We clearly will not be setting out a negotiating stance at present, but I draw his attention to the recent article written by my right hon. Friend the Prime Minister in The Sunday Telegraph—I do not have the exact date, but it was certainly within the past month or so—in which he set out some key areas for renegotiation. He talked about:

“Powers flowing away from Brussels, not always to it”,

and about

“National parliaments able to work together to block unwanted European legislation.”

I hope that all of that is music to the ears of my hon. Friend the Member for Bury North. As he would expect, further announcements will be made in due course.

Following this debate and Parliament’s approval, the Government will inform the European Commission of their assessment of the UK’s medium-term economic and budgetary position. The convergence programme will be submitted later today, which is a legal requirement under the EU’s stability and growth pact. The Government of course take legal requirements seriously. At the same time, however, I reiterate to hon. Members that, as in previous years, the document is based entirely on previously published documents that have already been presented to Parliament. The submission of convergence programmes by euro-outs and stability programmes by euro area member states provides a framework for co-ordinating fiscal policies. As I said, a degree of fiscal policy co-ordination across countries can be beneficial to ensure a stable global economy, which is in the UK’s national interest. It is important that we continue to use the European semester process to encourage member states to take national decisions on structural reform and growth that will help to support the European economy.

Budget 2014 set out the next steps in the Government’s long-term economic plan to secure the recovery and build a resilient economy, which requires tough decisions to put the public finances on a sustainable path. Budget 2014 supports businesses to invest, to export and to create jobs and cuts taxes for hard-working people. There is much still to do, however, and the Government are not complacent.

Ultimately, sustainable growth is the only way for both the UK and other EU member states to pay down their debts and to exit the current difficult economic times. The UK Government are leading the EU growth agenda and making the case for ambitious EU reform. On that basis, I am pleased to commend the motion to the House.

Question put.

Railways (Kettering)

Debate between Philip Hollobone and Baroness Morgan of Cotes
Wednesday 13th June 2012

(12 years, 3 months ago)

Westminster Hall
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Baroness Morgan of Cotes Portrait Nicky Morgan (Loughborough) (Con)
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I congratulate my hon. Friend on securing this debate and on his excellent question at Prime Minister’s questions earlier today. He has already mentioned the £450 million of wider economic benefits, but another issue—he may intend to address this—is the impact of the expected increase in freight. I think we all agree on the importance to saving carbon emissions not only of using non-diesel trains, but of getting more freight off the roads and on to the railways. If that is to work, however, it cannot slow down the passenger trains. My hon. Friend has mentioned the three pinch-points. To get a sixth train on the line, there must be a way for freight trains to get by and for the passenger trains to avoid them.

Philip Hollobone Portrait Mr Hollobone
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I am most grateful for that very helpful contribution from my hon. Friend who, as always, is serving her constituents so well. I think I am right in saying that Network Rail estimates that freight traffic, particularly through the Leicester pinch-point, is likely to increase by some 50% by 2020. That is yet another reason why, in introducing proposals for electrification, the Department for Transport must concentrate on upgrading those key sections of the track. Electrification on its own will not work; we need to have the upgrading first. Let me put it very simply: if the line is electrified and upgraded later, it will cost extra money because all the new electrical equipment will have to be moved as well. That is why the upgrading is so important.

It is crucial to emphasise that quite an amount of money will have to be spent on the line anyway in the next few years. For example, track and signalling maintenance and renewals expenditure will be ongoing.