High Speed 2 And Funding For Wales

EDM number 833 in 2015-16, proposed by Jonathan Edwards on 08/12/2015.
Categorised under the topics of Public expenditure and Railways.

That this House condemns the Government's Statement of Funding Policy 2015 which gives Wales a zero per cent consequential from High Speed 2, while both Scotland and Northern Ireland will get 100 per cent; notes that zero per cent on the High Speed 2 programme line drastically reduces the Wales comparability percentage which is applied to calculate the overall Department for Transport Barnett allocation; further notes official figures from KPMG that show a total loss to the Welsh economy of between £122 million and £178 million per year as a result of High Speed 2 by 2037; and calls on the Government to change its Statement of Funding Policy to give Wales its fair share of consequential funding from High Speed 2.

This motion has been signed by a total of 7 MPs.