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Regular news: Issue 601 31 Jul 2012

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Economics / Appraisal / BCR, Railways, All of UK

Row over high speed rail business case rages as opponents attack HS2 Ltd as "desperate"

The Stop HS2 group has described HS2 Ltd chief executive as making a "rather big own goal" by telling the national press that you would not expect "big transformative projects" to have a high cost-benefit ratio.

The Stop HS2, reacting to the comments from Alison Munro that "the methodology [for assessing business cases] isn't really designed for the big transformative projects," highlighted that one of the first uses of cost-benefit analysis was the evaluation of a "big, transformative project"...

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