8. What criteria he proposes to use to determine his Department’s spending on local authority major transport schemes. (45281)
We will announce in due course the criteria for allocating the remaining funds to projects in the development pool. It is likely to be done on the basis of an appraisal of value for money, the proportion of non-Department for Transport funding, deliverability, strategic importance, and a consideration of the balance between modes and regions. It remains my objective to develop a system of capital funding allocation to sub-national areas so that in future spending review periods, priorities can be determined locally.
Harlow council and Essex county council are highly supportive of a new M11 junction near Harlow, and local housing development could help to pay for it. Will the Secretary of State look at plans for the new junction, given that the cost to the taxpayer could be minimal?
That is a matter for consideration in future local authority major scheme application rounds. As I have indicated, I hope that those will be carried out on a much more devolved basis—but I can say to my hon. Friend that any scheme that levers in private money to reduce the cost to the taxpayer, and thus improve the cost-benefit ratio that the taxpayer sees, is likely to have an advantage in any future competition.
In that context, will the Secretary of State consider the proposals for a Surrey Canal Road station in my constituency, on which I made representations to the Government last year? My local authority has put money into the design stage and the local developer, Renewal, is putting up a lot of money to ensure that the station can at least be started. I hope that the Government will support that vital piece of infrastructure.
I am happy to look at the matter, to discuss it again with the Mayor of London and to consider the points that the right hon. Lady has raised.