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Lord Moylan (Con)

Speaking in the House of Lords on 10 October 2024

Debate

London Underground

Contribution

My Lords, I congratulate the Government on making progress with this project, which started under the former mayor, Boris Johnson. It is the case that a full modernisation and upgrade of the Piccadilly line would improve capacity by 60%, if it included modernising the antiquated signalling. These trains contribute only a sixth of that. Does the Minister agree that this shows that you very often get better returns from investing in and improving existing assets than from investing in something new? Are the Government willing to review and publish criteria for rail investment that prioritise the investment that contributes most to economic growth?

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