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Transport

Part of the debate – in the House of Commons at 4:59 pm on 5th February 2020.

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Photo of Jonathan Edwards Jonathan Edwards Shadow PC Spokesperson (Treasury), Shadow PC Spokesperson (Transport), Shadow PC Spokesperson (Foreign Intervention), Shadow PC Spokesperson (Business, Energy and Industrial Strategy) 4:59 pm, 5th February 2020

The hon. Member is making an important point. The budget for HS2 is about £100 billion, and Lord Berkeley’s dissenting report says that the cost-benefit ratio is 60p for every £1 spent, so the British Government are about to burn £40 billion. Would it not be better to chuck that £100 billion into the Beeching reversal fund, because that would do far more for connectivity than HS2?