(10 years, 9 months ago)
Commons ChamberThere are many ways of developing quality bus services up and down the country. The Government are making a huge commitment through grants to bus operators and have reformed the bus service operators grant so that local authorities are now in charge of it. We believe that partnership is the best way forward and I am convinced that it still is.
Does my right hon. Friend the Secretary of State agree that it is somewhat surprising that more has not been said in this Question Time to congratulate Hitachi on its decision to bring its rail business headquarters to England? Does he agree that, ever since he gave it the contract for the intercity express programme rolling stock, it has gone from strength to strength? The irony is that, in some years’ time, we could be a net exporter of rolling stock, rather than having to import it.
(11 years, 1 month ago)
Commons ChamberThe hon. Lady will obviously have read the Brown report, which suggests that franchising is the best way to secure better deals and more investment for passengers. That is why we are continuing to franchise and are putting the east coast main line out to franchise.
I remind my hon. Friend that commuters who are reliant on coming into London to work do not have any flexibility in their work times. What ideas does he have to get a better deal for commuters, who are a captive market and who have regulated fares?
I pay tribute to my right hon. Friend for the excellent work that he did in contributing to the rail fares review. He will know that we have restricted fares to the retail prices index plus 1%, which “flex” has also reduced, so no one will pay more than 3% above RPI. He will also remember that the document suggests considering ways to provide season ticket holders with more flexible arrangements.
(11 years, 1 month ago)
Commons ChamberIf I were to do that, as my right hon. Friend the Member for Chelmsford (Mr Burns) has pointed out, I would be making a commitment of £50 billion on the preparatory expenditure. I do not intend that we spend anything like £50 billion on that. As my right hon. Friend said in response to my right hon. Friend the Member for Chesham and Amersham (Mrs Gillan), this Bill is about the preparatory expenditure.
There seems to be utter confusion about this. The cost of the project is £42.6 billion, with £7.1 billion for the rolling stock, but the Bill is about the preparatory work. It is preposterous to grant, in legislation, the Government of the day £50 billion to spend on preparatory work.
I thank my right hon. Friend for that intervention. He is absolutely correct in his understanding; of course he would be, as he has so skilfully managed the Bill so far.
I might be prepared to consider that. However, my hon. Friend needs to be absolutely clear that this is about the preparatory works on phases 1 and 2 as opposed to preparatory works for the whole scheme were it to go further and create a network. His amendment does not cover that, and that is why it is unnecessary.
As I understand it, this Bill relates not only to phases 1 and 2 of current high-speed rail projects, but to phases 3, 4, 5, 6 and 7 of such projects at any time in the next 40 to 60 years. How could the Government of today restrict the amount of money available without knowing the value of money in 40 years’ time?
My right hon. Friend is completely correct. This Bill is about the preparatory expenditure. It is also about not only phases 1 and 2, but the whole network as it may be conceived in the future. It would, therefore, be completely erroneous to restrict ourselves to a limit on preparatory costs, because we do not know the future extent of any network. That is also why I agreed with my right hon. Friend a moment ago that amendment 20 is unnecessary.
I know that the intention of my right hon. Friend the Member for Chesham and Amersham was to put a limit on expenditure and I understand why she wanted to do that, but the amendment does not explicitly address preparatory expenditure, which is what this Bill is about. I note that she said it was a probing amendment.