Oral QuestionTreasury

“What fiscal steps his Department is taking to help increase the level of business investment.”

Tabled: 31 January 2024Answered: 6 February 2024

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Parliamentary Under-Secretary of State for Transport (Lilian Greenwood)

The electrification of the remainder of the route to Nottingham and Sheffield via Derby—the midland main line electrification programme—is in development, and currently it is planned to be completed by the early 2030s, subject to business case approvals and wider affordability considerations.