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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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HS2: Update


I have continuously campaigned against a second state-funded high speed rail programme. It is slowly transpiring that the business case is collapsing. The benefit cost ratio (BCR) for phase 1 has fallen from 2.4 in March 2010 to just 1.2 today and 1.4 for the whole of the Y spur extension. A fifth downgrade is expected to be released in the summer incorporating the new, lower GDP figures. How low do the figures need to go until policy makers understand […]

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Justine Greening must review HS2 in the public interest


I’m grateful to StopHS2 for drawing my attention to this video of the Public Accounts Committee hearing at which it was revealed HS2 has a Cabinet Office Major Projects Authority status of red/amber: As The Guardian reported: The latest figures issued by the HS2 high-speed rail scheme have revised down the economic benefits for the fourth time – suggesting the scheme will barely, if ever, break even. Originally the scheme was forecast to bring £2.40 of benefit for every pound […]

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HS2 consultants’ services have already cost over £25 million


Last month, I put down a written Parliamentary Question to the Secretary of State for Transport, asking for the remit and cost of the consultants involved in the High Speed Two project. You can read my question and the answer in Hansard here and the text is below. As you can see, these costs have already run to over £25 million… Steve Baker: To ask the Secretary of State for Transport which consultants are being or have been used on the High […]

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