Simon Wright
Main Page: Simon Wright (Liberal Democrat - Norwich South)Department Debates - View all Simon Wright's debates with the Department for Transport
(13 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Hammond
My hon. Friend makes a fair point. We have made a commitment to changing the formula that we use to assess transport projects to reflect the latest values of carbon.
Simon Wright (Norwich South) (LD)
Is the Secretary of State aware of the research published by the East of England Development Agency about the £3.7 billion of potential economic benefit that greater investment in the great eastern main line would bring? Will he take that into the strongest consideration in his discussions with the franchisee?
Mr Hammond
There is not a franchisee on the east coast main line—[Hon. Members: “The great eastern!”] I am sorry, yes, the great eastern main line. Of course we will take into account all the evidence of economic benefits when we consider the future of this franchise.