This report contains the final directions and recommendations of the Select Committee on the High Speed 2 Phase One Hybrid Bill after 160 days of sittings over nearly two years. Our responsibility was to hear petitions from those specially and directly affected by the Bill and, where we believed it was appropriate, to suggest modifications, assurances, undertakings or mitigation to address petitioners' concerns. The Committee directed a number of amendments to the proposed HS2 Phase One project. Notably they have directed a longer Chilterns bored tunnel, greater noise protection for Wendover, better construction arrangements in Hillingdon, and a remodelled maintenance depot at Washwood Heath to maximise local job opportunities. There should be a coherent approach to the redevelopment of Euston. In many cases not specifically mentioned in this report we have intervened to encourage fairness, practical settlements, the giving of assurances, or better mitigation. The Committee recommended amendments to the operation of the discretionary compensation schemes which they believe will result in greater fairness and a more functional property market in areas near to the proposed line. They also suggest improvements to the procedure for dealing with hybrid bills.
This report summarises the interim decisions and observations of the Select Committee on the High Speed 2 Phase One hybrid bill, prior to the general election of May 2015 and some 10 months after the Committiee's work began.
This report summarises the interim decisions and observations of the Select Committee on the High Speed 2 Phase One hybrid bill, prior to the general election of May 2015 and some 10 months after the Committiee's work began.
The high speed railway linking London to the Channel Tunnel, known as High Speed 1, has now been fully open for almost five years and has had a good performance record. There have also been some costly mistakes. The Department originally expected London & Continental Railways Limited (LCR) to service the project debt from future revenues from Eurostar UK. However by the end of 1997 revenues were substantially below LCR's forecasts. Consequently, in 1998, the Department agreed to restructure the deal and guarantee most of LCR's debt. The taxpayer is now servicing and repaying the project debt of £4.8 billion. Passenger demand for international services on the line has been much lower than forecast and that is the root cause of the failure of the original deal. Planning assumptions failed to properly consider the impact on passenger numbers of the growth of low cost airlines and the competitive response of ferry companies. The Department still does not have plans in place to evaluate fully the impact of HS1. Total taxpayer support for the line, over a 60 year period to 2070, has an estimated present value of £10.2 billion. Benefits for passengers from shorter journey times over this period have an estimated present value of £7 billion. The basis of this cost/benefit analysis, however, is open to challenge. Also the Department will need to evaluate HS1's regeneration benefits and wider economic impacts worth many billions of pounds if the project is to demonstrate value for money. The Department must also learn the lessons as it develops its plans for HS2.
The Committee's report examines specific clauses of the private Bill, the London Local Authorities Bill (HL), the text of which is available at http://www.publications.parliament.uk/pa/ld200405/ldprbill/003/003.htm). The clauses considered relate to: advertising in call-boxes and call-barring, fly-posting, insulation against noise caused by public works, the registration of second-hand goods dealers; and issues relating to Lincoln's Inn Fields.
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