Speeches

Lilian Greenwood – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lilian Greenwood on 2016-04-22.

To ask the Secretary of State for Transport, what funding his Department reserved in the HS2 budget for compensation to train operating companies in the form of (a) Schedule 4 payments, (b) Schedule 8 payments and (c) otherwise.

Mr Robert Goodwill

Compensation to train operating companies is included in the overall budget for HS2 of £55.7 billion (in 2015 prices) as established as part of SR15. Whilst the budget includes an allocation of costs for compensation to train operators‎, making these sums publicly available could affect our commercial position when negotiating with train operators.