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High Speed 2

Volume 541: debated on Wednesday 29 February 2012

My right hon. Friend the Secretary of State and I have had recent discussions with ministerial colleagues in Her Majesty’s Treasury on a range of issues, including funding for Wales.

HS2 is clearly an England-only project, yet the Chief Secretary to the Treasury said last week in answer to a question that I had tabled that Barnett consequentials would be decided after “budgeting and funding arrangements” had been completed. Will the Minister ensure that Wales does not lose out on the £1.9 billion that it should receive as a result of HS2, by securing guarantees that the project will be funded via a stream that results in Barnett consequentials? [Interruption.]

I hope the Minister caught the thrust of that—the Prime Minister was momentarily troubled by some sort of insect.

I did get the thrust of that, Mr Speaker, and there might be some force in the hon. Gentleman’s argument were it not for the fact that the rail network in Wales is not a devolved issue. As such, there is no force in his argument whatever.