Thank you, Mr Deputy Speaker. I would like to support what the Government broadly are doing, which is to try to increase spending in the transport sector.
Transport is one of the few areas where the Government are necessary to get projects built. In the UK, sometimes I wish we were rather more French in getting on with major public sector projects. If we look at the miracle of California, it was built on state funding of highways, universities and armaments, and on that, the private sector miracles around Stanford University and Palo Alto were built. Unless the Government get on and invest in our strategic road network and many other roads, private sector companies and businesses cannot develop.
I grew up very near to the M4, which was built when I was quite young. It has had a major transforming effect on the communities around it. The economic benefits of a sensible road programme are self-evident. As an MP from the south of England who drives on the M25, the M4, the M3 and occasionally other such roads in the south, it is clear to me that the whole of the motorway network is under pressure. At the beginning of the day, nearly all the road junctions have tailbacks on to the motorways, so they require added investment.
The road network represents billions of pounds of historical investment. If we concentrated on dualling, bypasses and dealing with pinch points, the economic value to our country would be very substantial indeed. It just needs a little bit of common sense, and we could get a lot more out of the road network. I am a believer in that, and we need to be doing more if, post-Brexit, we are going to keep the British economy rolling on. There must be a major cost when we have tailbacks off motorway junctions sometimes for 5, 6 or 7 miles, and the Government really need to deal with that.
I am also a believer in the need to invest in some major strategic projects. I agree with the hon. Member for Hammersmith (Andy Slaughter) that HS2 will make a major difference. If we look at where the investment is going, we find it is at Euston and Old Oak Common, and in building tunnels. It will have a major impact on London, but also on Birmingham. The railway has to go to the north because it will be a major economic boon for the communities that it will go to. We have to invest and have a long-term plan for such projects because they will sustain and underpin the economic prospects of our country.
I must admit that I have a few concerns about expansion of Heathrow, not least because it would require moving the M25 and the M4. The economic consequences of doing that would be very substantial indeed, so we must think very carefully about it. I have always thought, whether in relation to Stansted, Heathrow or Gatwick, that we can add value by improving the rail and public transport links to the airports. On many occasions when I have ambled through the countryside on something called the Stansted Express, I have thought that if it was just a little bit faster, we might get rather more value for the major infrastructure investment at Stansted.
We have major investments already, but we should look at pinch points and at stretching what we have already. To pick up the points made by my right hon. Friend the Member for Wokingham (John Redwood), there are certain things we can do with signalling or dualling on the road network that will get much more value out of a network. Public investment is very important, and now that we are getting the deficit down, I am pleased that we can start to think about long-term planning to create success for our economy.
5.47 pm