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High-speed Rail (Kent)

Oral Answers to Questions — Transport – in the House of Commons at 9:30 am on 10th July 2014.

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Photo of Charlie Elphicke Charlie Elphicke Conservative, Dover 9:30 am, 10th July 2014

What assessment he has made of the economic effect of high-speed rail services to Kent.

Photo of Stephen Hammond Stephen Hammond The Parliamentary Under-Secretary of State for Transport

The Department for Transport is currently undertaking an economic evaluation of High Speed 1, covering transport user benefits, wider economic impacts, regeneration, and Government shareholdings and assets. That evaluation is planned to be completed this summer.

Photo of Charlie Elphicke Charlie Elphicke Conservative, Dover

I thank the Minister for that answer, and I welcome the announcement of the full extension of HS1 to Deal, Walmer and Martin Mill in my

constituency, and the benefits that that will bring to the local economy. Will he give an idea of the similar benefits that might be provided by HS2?

Photo of Stephen Hammond Stephen Hammond The Parliamentary Under-Secretary of State for Transport

It is only fair for me to recognise the extraordinary efforts of my hon. Friend in ensuring that high-speed rail comes to Deal. I also recognise the extraordinary efforts of my hon. Friend Amber Rudd, who is making the same case. HS2 will make an important contribution to securing prosperity across the country. It will generate jobs and rebalance the economy, and our estimates suggest that there will be more than £70 billion of benefits, including £53 billion of benefits to business.

Photo of Barry Sheerman Barry Sheerman Labour, Huddersfield

That’s £80 billion of wasted taxpayers’ money.