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Sub story to regular feature: Issue 588 20 Jan 2012

Appraisal: DfT pledges to review simplistic business travel time assumptions

The DfT is to review the way it treats the business value of time in response to criticisms that the existing approach is fundamentally flawed and inflates the economic case for HS2.

 The Department currently assumes that all time savings from faster journeys result in additional productive time or reduced costs to employers. This is a vital component of the benefits of the high-speed rail plans. Business travellers are only expected to account for 30% of passengers on HS2 but will take...

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