Source · Select Committees · Public Accounts Committee
Recommendation 31
31
Network North projects funded by HS2 savings require individual business case approvals
Conclusion
In its Network North paper the Department described a number of road and rail projects to be included in what will be funded from the £36 billion, subject to approval of business cases.62 The Department told us that these “alternative investments” ranged from specific projects like Northern Powerhouse Rail to uplifts in city regional sustainable transport funding and local integrated transport funding, and that it would assess projects “in the normal way rather than as a bundle.63 It explained that “about half” of the £36 billion would, in effect, be given to other parties through devolved funding arrangements, with the principle being that it should be for mayors, local authorities and others to decide what the key priorities are in their areas.64 The Department said that there are other specific projects, some of which are well advanced and some of which are going to take a very significant amount of further work.65 The Department told us that the money would be spent broadly to the same timescales as it would have been under HS2, up to 2041, but with the potential of bringing benefits earlier.66
Government Response
A response document is linked to this report, dated 2 April 2024. Response attribution to this conclusion has not been verified. Read the response document ↗