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HS2 update: Treasury Committee calls for review of the economic case

The Treasury Select Committee has stated that the economic case for HS2 must be reassessed and updated before the Treasury signs off on the project. In its Latest Spending Round 2013 review the Committee said that, given the recent report by KPMG and published by HS2 Ltd setting out the regional economic impacts, the Treasury must produce its own economic case for HS2. The Committee wrote: The Treasury should not allow HS2 to proceed until it is sure the cost-benefit analysis for […]

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New report: HS2 alternatives from the 51m Alliance

The 51m Alliance of nineteen local authorities opposed to HS2 (including Bucks County Council) have recently launched their ‘Alternative Investment Strategy’. It challenges the current DfT rationale of ‘capacity’ being the main reason for HS2 and proposes a comprehensive package of national investment in infrastructure to rebalance the nation’s economy. In its executive summary, 51M Alliance said: The local authorities in 51m are fully committed to investing in key infrastructure critical for the country’s future success. 51m has already set out […]

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