My Lords, I remind the House that, when HS2 was cancelled, the Prime Minister said that,
“we’ll reinvest every single penny, £36 billion, into hundreds of transport projects in the North”.
and the Midlands. Yet the Minister’s predecessor, the noble Baroness, Lady Vere, sent us a letter telling us that some of the money, £8.4 billion, would be spent on pothole alleviation across the country, including in such great northern counties as Wiltshire, and that only 31 of 70 road schemes that would be given the go-ahead were in the north and Midlands.
Following on from my noble friend Lord Grocott’s Question, will the Minister write to me with a list of the business cases for new public transport investment that have been presented to the Treasury since this announcement was made in October? How many of these business cases have been approved? I think that a lot would be. On this side of the House, many of us believe that the Government are holding back public investment so that they can justify tax cuts within their fiscal rules.