Regular news: Issue 605 14 Sep 2012
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Economics / Appraisal / BCR, Railways, Greater London, Northwest England, West Midlands, Yorkshire & Humber
Modelling revisions strengthen HS2 business case
Government company HS2 Ltd has revised the business case for the London-West Midlands high-speed route and the wider Y-network that will see trains run to Leeds and Manchester.
The benefit:cost ratio (BCR) for the Y network is now 2.5:1 with the inclusion of wider economic impacts (WEIs) such as agglomeration, or 1.9:1 without WEIs. These figures are at the top end of the range reported in January’s business case (1.8-2.5:1 with WEI, 1.6-1.9:1 without).
HS2 says the new figures reflect...
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Your Comments:
14 Sep 2012
The question has to be asked:
If the London to Manchester BCR is higher than the London to Birmingham BCR, what is the Manchester to Birmingham BCR and should this be built first if it has a higher BCR?