Transport: Finance

(asked on 28th February 2019) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will make an assessment of the potential merits of using the budget allocated to High Speed Two to instead invest in (a) regional transport infrastructure projects, (b) upgrading existing rail lines and (c) reducing government expenditure.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
This question was answered on 6th March 2019

Record investment is taking place in Control Period 6 with around £48 billion to be spent on the existing rail network over a five-year period from 2019 to 2024, including more maintenance and a huge uplift in renewals to increase reliability and punctuality for passengers. Together with new and refurbished trains, this Government is delivering an ambitious programme on rail.

In addition, HS2 will deliver more than £2 of benefits for every £1 of investment. HS2 will release capacity on existing railway lines so enabling new or additional services to be provided on those lines.

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