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Proceeding contribution from Lord Cormack (Conservative) in the House of Lords on Tuesday, 29 November 2011. It occurred during Ministerial statement on Autumn Budget Forecast.

Autumn Budget Forecast

My Lords, I am sure that my noble friend is entirely right in what he has just said. Am I right in believing that the money that has been earmarked for HS2 is still there? If that is the case, could I suggest to him, bearing in mind the stimulating effect on the economy that infrastructure plans have wherever they take place, that it might be better to abandon that scheme and to use that money for reinstating more Beeching lines and other things, so that people all over the country have the benefit of the money that my right honourable friend the Chancellor has said they should have? Could we abandon that scheme in favour of others?

Secondary information

Type
Proceeding contribution
Reference
733 c210 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Business Development aid Borrowing Health and safety Energy Infrastructure Excise duties Fuels Government assistance Economic situation Forecasts Pre-school education Pay Workplace pensions Planning Public sector Public expenditure Mortgages Railways Loans Public finance Public sector debt Social security benefits State retirement pensions Schools Young people Transport Taxation Unemployment Science Autumn statement Office for Budget Responsibility Bank levy
Link
View this Proceeding contribution on www.publications.parliament.uk