What assessment he has made of the potential effect of High Speed 2 on economic growth in a) Chesterfield, b) Derbyshire and c) the east midlands.

Yesterday, HS2 Ltd published a report by KPMG evaluating the potential impact of HS2 on productivity and business location. The report estimates that HS2 could generate productivity benefits to the Derby-Nottingham city region, which includes Chesterfield, of between £1.1 billion and £2.2 billion per year—equivalent to between a 2.2% and 4.3% increase in total local economic output within five years of opening.

I am grateful to the Minister for that answer. Many of us who recognise that there will be significant economic benefits to the Chesterfield and Derbyshire area, and who support the principle, remain concerned that the current planned route could have very negative impacts on projects such as the Chesterfield canal and the junction 29A enterprise zone. What reassurances can the Minister give to people who do not want the economic benefits of HS2 to undermine other existing economic projects in the region?

We do not wish or expect there to be any undermining of other projects, but I fully appreciate the hon. Gentleman’s concerns and I hope he is reassured that the matter is out to consultation, so he and others will have a full opportunity to make their case before any final decision is taken.

Will my right hon. Friend emphasise that one of the biggest but so far largely unrecognised benefits of constructing High Speed 2 is the enormous increase in capacity that it creates on existing lines, for the benefit of all regions?

Yes, and I am very grateful to my hon. Friend for that, because what is important and what is on offer is that the High Speed 2 project will continue, but not at the expense of full and continued investment in the conventional rail network. As he is probably aware, in the next control period Network Rail and the Government are spending £37.5 billion to ensure that we improve, enhance and add to the existing network, as well as having high-speed rail.

Is the Minister aware that this so-called HS2—if it ever appears—is going to criss-cross the M1 about four times? What is he going to do about that? And as for Derbyshire and economic benefit, is he aware that there is not a single stop in Derbyshire?

On the narrow geographical issue, I accept that Toton is not in Derbyshire, but it is halfway between Nottingham and Derby, so considerable benefits will be brought to both those communities and the surrounding area. We appreciate the point the hon. Gentleman is making about the M1, but, as he will appreciate, that matter is also out to consultation, so he will have an opportunity to input into it. However, I hope he welcomes the fact that, as a result of the station at Toton, there will be significant economic benefits to the whole region, which no doubt will please him.

Does my right hon. Friend agree that this vital project will free up capacity on the existing network to ensure that towns such as Shrewsbury and Blackpool will be able to have connections to the capital?

My hon. Friend makes a valid point. He is anxious to have a direct service on the conventional rail network from Shrewsbury to London and I have considerable sympathy for and support with that. That is one of the reasons that high-speed rail is so important: it is capacity, capacity, capacity, to echo a former Prime Minister on another subject. That is what will be achieved, which will help areas such as Shrewsbury.