Question
To ask the Secretary of State for Transport pursuant to the contribution of her predecessor to the Transport Committee, Oral Evidence, HC 1185, Q 554, on high speed rail, whether it remains her Department's policy to place the High Speed 2 scheme under close scrutiny in the event that the estimated benefit to cost ratio falls below 1.5; and if she will make a statement.
Answer
[holding answer 30 April 2012]: Appraisal of the High Speed 2 scheme will continue to be carried out in a rigorous manner in accordance with the Department's well-established WebTag guidance. The BCR forms only part of the decision-making process alongside the wider business case, including strategic, commercial, financial and management cases. I shall continue to scrutinise all aspects of the project carefully, as I would any scheme of this scale and importance.