HIGH SPEED 2 AND FUNDING FOR WALES

Early day motion 833, tabled 8 December 2015 by Jonathan Edwards (Plaid Cymru). Signed by 7 members.

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.

Signatures by party: Labour 2, Plaid Cymru 2, Labour/Co-operative 1, Liberal Democrat 1, Scottish National Party 1.