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Lord Hendy of Richmond Hill (Lab)

Speaking in the House of Lords on 10 September 2026

Debate

Railways Bill

Contribution

If I may intervene on the noble Lord, for once, I say to him: welcome to the five-year funding periods. We are now in control period 7, I think. The process that was described is complex, but it works remarkably well, which is why the industry and the Government are wholly aligned in wanting to carry on with it. I could discuss with him in more detail how it works, but it has generally been very effective. It relies on a lot of collaboration between the parties, which is why it has been successful.

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