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Transport Secretary plans HS2 regeneration company

 

‘Regeneration and economic growth are vital parts of HS2’

Responding to the report from the HS2 Growth Taskforce, published on 21 March, the Secretary of State for Transport, Patrick McLoughlin, has asked HS2 Ltd and London & Continental Railways to come forward with proposals for a regeneration company to respond to the taskforce’s recommendations on regeneration.

He said the taskforce’s message was clear: ‘We need HS2 and we need to act now to squeeze the most from it in terms of jobs, skills and growth.

‘The taskforce’s recommendations are plain common sense. Things that business, government and cities can do together – and must start doing now.

‘On skills – proper training to make sure our young people get the best jobs on the project. On planning – making sure the line brings new strength to our cities.

‘On transport – making sure we link the existing road and rail network properly to HS2, and plan investment in them together.

‘Regeneration and economic growth are vital parts of HS2. City leaders have already started to put plans in place. But government has a role to play as well.

‘That is why I am asking HS2 Ltd, and London and Continental Railways – who developed the Kings Cross St Pancras site – to come forward with proposals for a regeneration company that will respond to the growth taskforce’s recommendations on regeneration. This matters because as I have said before HS2 is a project that will be built over many parliaments and no doubt governments too. And it will serve people through many generations. It is not the only answer to our transport needs…but it is a central part of the answer.’

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