High Speed 2 Line: Finance

(asked on 27th November 2024) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 11 November, why is HS2 defined as an England and Wales project attracting no Barnett consequential.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 11th December 2024

Heavy rail infrastructure is not devolved in Wales, hence the UK Government is responsible for spending on heavy rail infrastructure across England and Wales. The Government is committed to rail schemes in Wales, by providing funding for operations, maintenance and infrastructure, and enhancement schemes such as modernising Cardiff Central Station.

The approach to heavy rail infrastructure is consistent with the funding arrangements for other policy areas, such as the construction of prisons, where the UK Government is responsible for spending in Wales, as Justice is Reserved.

The Welsh Government is receiving at least 20% more funding per person than equivalent UK Government spending in England. That translates into over £4 billion more in 2025-26.

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