Regular news: Issue 566 14 Mar 2011
2 Linked Articles:
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Economics / Appraisal / BCR, Railways, Greater London, Northwest England, West Midlands
The economic case for HS2: DfT rejects business travel time criticisms
The DfT has rejected claims that the business case for high-speed rail would be undermined if a more realistic approach to valuing business travel time was used.
High-speed rail critics such as Chris Stokes have said the appraisal of the project is flawed because the DfT assumes that business travel on trains is unproductive.
The Department last week conceded that the point has some validity. “With the advent of technologies such as laptops and ‘wifi’ internet networks ......
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