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Written question asked by Ben Wallace (Conservative) on Tuesday, 16 April 2024, in the House of Commons. It was due for an answer on Friday, 19 April 2024 (named day). It was answered by Laura Trott (Conservative) on Friday, 19 April 2024 on behalf of the Treasury.

Departmental Expenditure Limits

Question

To ask the Chancellor of the Exchequer, by how much (a) Resource Departmental Expenditure Limits and (b) Capital Departmental Expenditure Limits will be reduced following the cancellation of the northern leg of HS2 in each affected Department; and if he will publish in which Departments these savings will be made.

Answer

The government has committed to re-invest every penny that is saved from the cancelled phases of HS2 into alternative transport projects through Network North.

This means that every penny of the £19.8 billion committed to the Northern leg of HS2 will be reinvested in the North; every penny of the £9.6 billion committed to the Midlands leg will be reinvested in the Midlands; and the full £6.5 billion saved through our rescoped approach at Euston will be spread across every other region in the country.

Departmental Expenditure Limits in 2024-25 are published at the relevant Estimates in the usual way. Departmental budgets beyond 2024-25 will be set as part of the next Spending Review.

Secondary information

Type
Written question
Reference
21946
Session
2023-24
Subjects
Departmental expenditure limits High Speed 2 line
Contains statistics
Yes
Link
View this Written question on www.parliament.uk