HS2 in Hansard 23/06/2014

Mr Sheerman: To ask the Secretary of State for Transport what recent estimate he has made of projected ticket prices for rail passengers using the High Speed 2 rail line. [200848]

Mr Goodwill: In order to test the case for HS2, current fares were assumed to increase by RPI+1% annually until 2036 after which fares are assumed to grow in line with inflation. No fares differential was applied to services using the high speed infrastructure. This is an assumption which provides an appropriate basis for modelling costs and benefits, but does not represent a prediction of future rail fares, which will be affected by government policy, market and industry changes across the GB rail network over many years.

Mr Sheerman: To ask the Secretary of State for Transport whether he expects High Speed 2 will require a separate ticket pricing structure from regular rail services. [200850]

Mr Goodwill: The HS2 business case demonstrates that the project can deliver significant benefits for the country without any fares differential being required for journeys using the high speed line. It is too soon to know what fares will be set for travel on HS2 services. Government decisions about fares structures and regulation will be taken closer to the commencement of HS2 phase 1 services in 2026.

Mr Sheerman: To ask the Secretary of State for Transport when he expects to publish information on ticket pricing for High Speed 2. [200851]

Mr Goodwill: There are currently no plans to publish information relating to the likely structure or level of ticket prices for journeys using the HS2 railway following the opening of HS2 phase 1 in 2026 and beyond.

Frank Dobson: To ask the Secretary of State for Transport what form he expects the Chinese investment in High Speed 2 to take.[201342]

Mr Goodwill: The 2013 spending review provided a long-term funding commitment of £50 billion to deliver HS2. We are continuously seeking ways to reduce costs to the taxpayer, and we are very open to proposals around including elements of private financing, including Chinese investment. Opportunities for external investment might exist in relation to rolling stock and development and regeneration around stations. This could provide benefits to both taxpayers and investors.

Frank Dobson: To ask the Secretary of State for Transport whether he expects Chinese workers to be employed in the construction of High Speed 2. [201343]

Mr Goodwill: Contracts let for the construction of HS2 infrastructure and rolling stock will be open to competition irrespective of country of origin, in accordance with EU and UK procurement legislation. Prospective bidders are welcome to work alongside British-based bidders. It will be for bidders to propose how they can best deliver their proposals and the contribution of British companies and supply chain will be of interest. HS2 Ltd is undertaking a range of initiatives to ensure businesses are aware of the opportunities and their forthcoming requirements so that they can prepare, so as to compete effectively.
111W Written Answers 23 JUNE 2014 Written Answers 112W Any non-EU overseas workers would of course be subject to the UK’s immigration regime and would be required to comply with whatever regulations were in force at the time.