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Economics / Appraisal / BCR, Funding / Financing, Railways, Road management / Maintenance, All of UK
Time to reward realism
Local Transport Today
When calamity strikes, there is often someone, somewhere, making hay from others’ misery. And so it is with the fiasco of the DfT’s West Coast Main Line franchise award, which has given critics of other DfT policies and practices the opportunity to air their gripes to a receptive media. Opponents of the London-West Midlands high-speed rail project, for example, claim the franchise failings have similarities with flaws in the HS2 business case. And would transport academic Phil...
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