I congratulate my hon. Friend on his appointment. A few weeks ago, Daniel Zeichner and I hosted an event for the East West main line partnership to launch its report, “Building Better Connections”, which sets out the wider economic benefits of the arc as a whole and the rail line in particular. I urge my hon. Friend to read that report and assure me that any investment decisions will be based on the wider economic benefit, not just on a narrow cost-benefit analysis.