The business case for HS2 has fallen apart and the scheme is already projected to be massively over its original budget. It is unlikely to be completed on schedule and there's a significant chance that future technological developments, such as autonomous vehicles, will make it an obsolete technology years before the first train sets off for Birmingham.
- Projected costs are rising and are likely to be almost £100 billion
- The business case is flawed and hugely overstates the case for HS2
- Demand for travel on HS2 is uncertain
- Timely delivery of the project is very unlikely
- Other proposals would provide greater value for money than HS2’s Phase One
- HS2 is unlikely to help develop the economy of North England to the extent that has been suggested.
- The need for increased travel capacity could well be met by new technologies
Turning Birmingham into an outpost of London is a bad idea. The TaxPayers' Alliance is calling on the government to scrap HS2 and focus on other infrastructure projects across the UK with much better benefit/cost ratios. Seizing the opportunity now will help drive growth and boost productivity in other regions of the UK outside London.
Read more about the case for scrapping HS2 here...