It is a pleasure to follow the hon. Member for City of Chester (Christian Matheson) and to contribute to this debate. I too welcome the new Minister to her place. I am sure we will be having many conversations over the coming months and years.
I would like to speak specifically to the reasoned amendment in the name of my hon. Friends. Although I cannot support it, I have some sympathy with it, specifically on the issue of property compensation. The compensation packages agreed under the Bill will have a significant impact and influence in the future when similar measures are agreed for phase 2b, which affects my constituency. It is extremely important, therefore, that we get it right now for those affected by phase 2a and phase 2b.
I am sure that my residents are not unique in their frustration with the process, but what are unique are the specifics around the property market in Long Eaton. The plus 10% on offer through the express purchase scheme for residents in the safeguarded area is not enough for many of my homeowners to buy a new home just two streets away. This is not acceptable. These residents, some of whom have lived in the same home for many years—often 40 years and more—are losing their homes, and for them their home is their castle. There must be an alternative for my constituents, and I hope that a way forward can be found.
I am sure that my right hon. Friends the Secretary of State and the Prime Minster agree, as they have both said in this place, that no one should lose out as a result of HS2. On 17 July last year, the Secretary of State said:
“I am clear that I do not want people to lose out as a result of this”—[Official Report, 17 July 2017; Vol. 627, c. 674.]
On 11 October, in a response to a question of mine, the Prime Minister said:
“my hon. Friend the Rail Minister is determined to see that fair and comprehensive compensation for those directly affected by the route is paid, and it will be paid as if HS2 did not exist, plus the 10% and reasonable moving costs.”—[Official Report, 11 October 2017; Vol. 629, c. 328.]
I would suggest that Long Eaton is the town most affected by HS2 across the whole of the country along any part of the line. It may not have a long stretch of the rail line—indeed, it is estimated to be only 3.3 miles—but those 3.3 miles will be directly through the town on a 16-metre high viaduct. That is why it is so important to get it right for residents who are losing their homes and those left behind, and why I ask the Minister to take another look at the compensation packages, not just for my constituents but for those affected along the whole line. For residents in relatively low-cost housing areas, such as New Tythe Street and Bonsall Street in Long Eaton, I would like to suggest a scheme that encompasses an
equity share option. We should also recognise, however, that it is not just about money; it is about keeping communities together, and I believe an equity share scheme would do just that.
HS2 Ltd has a specific question to answer about why it is pursuing and progressing with special measures for the Shimmer estate in Mexborough but not applying the same principles to Long Eaton. I am also concerned by the way it is interpreting current guidelines and so often appears to be working against residents rather than with them.
It is also important to consider the impact that HS2 will have on businesses that are blighted by the project. For my local businesses, the uncertainty has existed since early January 2013. It has been over five years, with no end in sight yet. It is imperative for HS2 Ltd to improve on its poor record of engagement by engaging in early and meaningful interaction with businesses on which compulsory purchase orders have been served.