I thank my hon. Friend for his question and thank the Speaker for permitting these important issues to be raised. The Committee questioned KPMG because it had conducted the most recent research on this very specific area. However, the Committee’s reports are based on contributors additional to KPMG.
When we conducted our original major inquiry two years ago, we visited France and Germany to see for ourselves the impact of high-speed rail. It became clear that there are major potential benefits to high-speed rail provided that the local and, in the case of France and Germany, regional authorities take advantage of them and provide the necessary economic development support to make them a reality. That is what I would like to happen here in the UK, and that is what the Select Committee report advocates.