The Jobs Case Against HS2

High speed rail will not be catalyst for employment growth, with official figures confirming HS2 will create few jobs given the level of expenditure required. The experience of other countries and academic research confirms this conclusion. London, not the North, will be the big winner economically from HS2

    HS2 creates few jobs

    Official forecasts for stage 1 of HS2 confirm few jobs will be created by the construction and operation of the line.

    University College London, at the request of HS2 Ltd, reviewed the economic benefits likely to arise from faster connectivity, and concluded they were tiny.

    HS2 is costing the UK jobs today – the proposed route crosses sites in Euston, Park Royal and Washwood Heath that had been earmarked for regeneration, but are now on hold thanks to HS2.

    The evidence is overwhelming

    Leading transport academics are agreed – HS2 will not transform the UK’s economic progress.

    Thanet in Kent remains one of the most depressed areas in England, despite being served by direct high speed rail services to London.

    The TGV network has strengthened the economic dominance of Paris over other French cities.

    HS2 is London-centric

    Official forecasts indicate 80% of the journeys on HS2 will begin or end in London.

    Twice as many journeys on HS2 will end in London than start there.

    Over 70% of the forecast new jobs linked to regeneration from stage 1 of HS2 are predicted to be in London.