HS2 Mauled Again

Following the conclusions of the House of Commons Public Accounts Committee together with the National Audit Office, this morning the House of Commons Treasury Select Committee weighed in on HS2.

Their conclusions were equally damaging, highlighting  “serious shortcomings in the current cost-benefit analysis for HS2.” and recommending that “the economic case must be looked at again.”

The Committee concluded that the Hybrid Bill to authorise construction of HS2 should “not proceed until this work has been done and the project has been formally reassessed by the Government.

On costs, the Committee concluded “At £42.6bn, excluding a large contingency reserve, the construction cost of the project has increased by 17 percent even before it has started. It is a huge infrastructure project. A more convincing economic case for the project is needed.  We need reassurance that it can deliver the benefits intended and that these benefits are greater than those of other transport schemes – whether in the department’s project pipeline or not – which may be foregone.

You can read their full report here The report’s conclusions ties into the letter we recently sent to the Secretary of State, setting out 12  tests which the revised business case must pass to be credible. You can read a copy of that letter here

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