High Speed 2 Railway Line: Construction

(asked on 11th November 2020) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 9 November (HL9762), whether they plan to put in place minimum contract arrangements for participation in HS2 construction projects to guarantee British suppliers a share of the economic benefits of HS2; and if not, why not.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 19th November 2020

There are currently no plans to set a content target for UK companies on HS2. As I set out in my response on 9 November [HL9762], HS2 Ltd has an excellent track record of supporting British businesses; over 2,000 businesses have delivered work so far on the project, 98% of these are UK-based, and 70% are SMEs. The project already has 13,000 workers in the UK employed on it and the construction of Phase One will see HS2 create and sustain a further 22,000 jobs over the coming years, with many more in businesses and factories around the country through an estimated 400,000 supply chain contract opportunities. HS2 Ltd estimate that 95% of those contract opportunities will be won by UK based businesses, with around two thirds being SMEs.

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