beleben

die belebende Bedenkung

‘There should be no embarrassment’

leave a comment »

On 16 May, the House of Lords Economic Affairs Committee published its report ‘Rethinking High Speed 2‘, which considered the business case for the railway, and followed up on its 2015 report ‘The Economics of High Speed 2’.

[House of Lords Economic Affairs Committee, 16 May 2019]

As we concluded in our 2015 report Economics of High Speed 2, “there should be
no embarrassment in being prepared to revise the project: the objectives and
cost are too important.”

HS2 needs rethinking says Lords Economic Affairs Committee, 16 May 2019

[BBC News, 19 May 2019]

HS2 will not offer value for money and risks “short changing” the North of England, a group of peers has warned.

A report from the House of Lords Economic Affairs Committee also said it was “far from convinced” the new high-speed railway will be built within the £55.7bn budget.

It said the project should not go ahead without a new assessment of its costs and benefits.

The government said it “fundamentally disagreed” with the report.

twitter, Nottingham MP @LilianGreenwood, HS2 would be transformative for our connectivity

4% of 'HS2 full network' transport user benefits would accrue to the East Midlands

Written by beleben

May 16, 2019 at 8:14 am

Posted in HS2, Planning, Politics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: