We are being distracted from one of the Bill’s main points, which is of concern to the hon. Lady’s constituents and mine. The explanatory notes to clause 4 state that, as fare payers and taxpayers, they are bearing the cost and the risk of the lack of
“capacity to finance projects and functions at the best available interest rate or at the lowest risk.”
If we do not give the Bill a safe passage, our constituents will continue to bear that risk. Is that acceptable?