Home » Posts tagged "HS2"

Tag Archives: HS2

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 […]

Tags: , , , , , , ,

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 […]

Tags: , , , , , ,

HS2 update


Post Image

Earlier today, Parliament’s Public Accounts Committee released its latest report on the early programme preparation of High Speed Rail 2. The report draws into sharp focus the spiraling costs of the programme and the weak case for it: The Department for Transport has not yet presented a convincing case for the now £42.6 billion investment it is proposing to invest in High Speed 2. The estimates of costs and benefits are still far from finalised and the pattern so far […]

Tags: , , ,

HS2 – a study in why politicians make bad choices


Yesterday, a number of us voted against the preparatory bill for High Speed 2. I remain opposed for the reasons I have given. As if the economic case were not weak enough already, yesterday another £10 billion was added to the cost: Patrick McLoughlin said that the projected cost has risen from £33billion to £42.6billion because of a significant “contingency” fund to cover the cost of potential problems with the programme. This excludes the cost of the rolling stock, billions […]

Tags: , , , , ,

Bucks County pledge extra £3m on local road repairs


The Conservative-run County Council has announced a one-off £3 million addition to this year’s £25m budget for road maintenance in Buckinghamshire. Many people have voiced their concern over the state of Wycombe’s roads. This move by the County Council should start to improve matters. As a frequent road user in Wycombe and the wider Buckinghamshire area, both by car and on my motorcycle, I look forward to the prospective improvements. While these additional funds will help to reduce the backlog […]

Tags: , , , , ,

← Older posts