Viscount Waverley
Main Page: Viscount Waverley (Crossbench - Excepted Hereditary)Department Debates - View all Viscount Waverley's debates with the Department for Transport
(2 years, 1 month ago)
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Baroness Vere of Norbiton (Con)
As the noble Lord knows, there are a number of planned investments across the country, and it is right that the Government take time to review them to ensure that they meet the needs of the post-pandemic travelling public. That is why we will be reviewing the RNEP. There will be a timeline for publication after the Autumn Statement.
Viscount Waverley (CB)
My Lords, I congratulate the co-chairs of Midlands Engine, the noble Lord, Lord Ravensdale, and Sir John Peace, who are doing a magnificent job. Is it right that the Treasury delay the funding of essential projects when a positive business case has already been made by all the participants?
Baroness Vere of Norbiton (Con)
Unfortunately, there is never sufficient funding for all the positive business cases the department has in its filing cabinet at any given time. That is why priorities must be considered. We must look at the strategic case and think about how the different enhancements work together. But where positive business cases are submitted to the department, we of course look at them with great interest.