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 […]
Tags: 51m, High Speed Rail, HS2, Infrastructure, Socialism, Tax Payers
Via 51m.co.uk, Councils opposing HS2 say that although they have no objections to the principle of high speed rail, they will continue to fight the current flawed proposals, following news that the Government plans to press ahead with the £32 billion project. Leaders will be examining the decision and considering whether there are grounds for a legal challenge. “This is an immensely bad decision for Britain,” said Martin Tett, Chairman of the 51m alliance of local councils challenging the scheme, […]
Tags: 51m, Buckinghamshire, HS2, Rail, Transport
Via 51m.co.uk: Oxfordshire County Council’s decision to join forces with the 51m group now brings to 16 the number of local authorities working collaboratively to oppose the Government’s £32 billion high speed rail project, HS2. Martin Tett, leader of Buckinghamshire County Council and chairman of 51m said: “I’m delighted that Oxfordshire has joined the growing ranks of local authorities who have reviewed, challenged and now oppose this immensely expensive scheme.
Tags: 51m, HS2, Rail, Transport