HS2 should be scrapped says our director (City AM)

March 26, 2015 8:49 AM

Our Director, John O'Connell is featured in City AM today, calling for HS2 to be scrapped in response to the Lords report:

HS2 should be scrapped. It is based on a bad business case that unravelled as soon as it was presented, and the Lords report should be the final nail in its coffin. The initial business case assumed average passenger income of around £70,000.

Were that to materialise, then it would simply be a line for well-off passengers paid for by less well-off taxpayers. And the Lords report is damning too. It says that HS2 does not address capacity issues and that it will not help to stimulate growth in the North and help the government “rebalance” the economy. There are far more worthwhile transport projects. Easing congestion around commuter towns and increasing capacity on existing lines would be cheaper and preferable.

Furthermore, the benefit per pound spent is usually better on road projects than rail. New technologies will make HS2 redundant by the time the first train is due to leave Euston – not least the development of driverless cars.

You can find the full article here

Latest Blogs:

TaxPayers' Alliance Icon

Who will defend the defenders?

12:03 PM 20, Sep 2017 Duncan Simpson

TaxPayers' Alliance Icon

What’s wrong with the all-ages graduate tax?

6:09 PM 18, Sep 2017 Jan Zeber

TaxPayers' Alliance Icon

Should taxpayers fund Zumba, facials and spas for the NHS?

4:02 PM 18, Sep 2017 Ben Ramanauskas

TaxPayers' Alliance Icon

Charges and fees and more charges and more fees

12:02 AM 06, Sep 2017 Duncan Simpson

TaxPayers' Alliance Icon

Is PFI profit really a waste of taxpayers’ money?

12:05 PM 31, Aug 2017 Jan Zeber