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Lord Shamash (Lab)

Speaking in the House of Lords on 16 June 2026

Debate

Defence Investment Plan

Contribution

My Lords, I have £50 billion in my back pocket. In 11 years’ time, my noble friend the Minister and every Member of this House will be able to get to Birmingham 20 minutes faster. Some £102 billion is due to be spent on HS2 going forward. If we cancel this project now, it will cost us £33 billion. The net saving will be somewhere between £50 billion and £70 billion. I ask my noble friend the Minister to take this away and see whether he can persuade his colleagues in the Cabinet to chop HS2, which is utterly useless, is going nowhere and was a bonkers vanity project right from the beginning. I invite him to do so.

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