Our reaction to today's NAO report on HS2

May 16, 2013 10:23 AM

Reacting to today's National Audit Office report High Speed 2: A review of early programme preparation

Matthew Sinclair, Chief Executive of the TaxPayers' Alliance said:

"HS2 will saddle every family in the country with a bill for at least £1,000, but it is based on flawed calculations, assumptions and
projections and will woefully fail to deliver the economic benefits it promises.

Even if the Government's wildly optimistic numbers were realistic, the project would represent poor value for money, but with hidden costs and a
shoddy economic case the line is destined to be an expensive white elephant.

Ministers are squandering an incredible amount of taxpayers' money on this disastrous project, and they should be urgently reviewing their plans
before burdening future generations with such an eye-watering bill."

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