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News category: Economics / Appraisal / BCR

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Local Transport Today
Letters to the editor
Richard Threlfall, Partner, UK Head, Infrastructure, Building and Construction, KPMG LLP, Leeds LS1
We are aware of the statistical issues raised by Professor Henry Overman about our report on the regional economic impacts of high-speed rail... continue
Local Transport Today
Regular news
A forecast that HS2 will deliver £15bn of GDP benefits a year has been criticised by an academic specialist in spatial economics.  The... continue
Local Transport Today
Regular news
Andrew Forster
High-speed rail will deliver huge benefits to the economies of cities where stations are built, according to a report commissioned by HS2 Ltd, the... continue
Local Transport Today
Regular news
Andrew Forster
Transport secretary Patrick McLoughlin has launched the Government’s fightback against critics of its high-speed rail plans.... continue
Local Transport Today
Regular news
Lee Baker
An analysis by KPMG for HS2 Ltd today estimates that the high-speed rail project could generate £15bn of additional annual economic output for... continue
Local Transport Today
Regular news
Lee Baker
MPs today demand that the Department’s forthcoming revised business case for HS2 shows why the scheme is the best way to increase rail... continue
Local Transport Today
Regular news
The DfT has published a  method for calculating the social benefits of bus travel but the  approach cannot be used to boost the... continue
Local Transport Today
Letters to the editor
Tony Bolden, Littlehampton, West Sussex BN16
In 2009 Reg Harman and I had an article published in Public money & management, in which we set out a case for a high-speed rail route from... continue
Local Transport Today
Letters to the editor
Stephen Plowden, London NW1
“Bygones are bygones” is perhaps the only solid proposition in economics. Nevertheless, it should not be used to justify continuing with... continue
Local Transport Today
Regular feature
Andrew Forster
Nick Richardson enjoys being in the driving seat. Before becoming a transport planner he drove buses for a living, working for United Counties in... continue
Local Transport Today
Letters to the editor
Paul Hoad, Sutton Coldfield, Birmingham
I am writing to pass on some information relating to the on-going HS2 study that I believe significantly affects how it should be viewed. Based on my... continue
Local Transport Today
Regular feature
The DfT’s top civil servant has rejected MPs’ suggestions that the business case for the Government’s high-speed rail plans has been artificially inflated using favourable assumptions. Andrew Forster
The DfT’s top civil servant has rejected MPs’ suggestions that the business case for the Government’s high-speed rail plans has... continue
Local Transport Today
Regular news
Andrew Forster
Significant variations in how countries value travel time savings in project appraisal have been highlighted in an international review of appraisal... continue
Local Transport Today
Letters to the editor
David Metz, Centre for Transport Studies, University College London, Gower Street, London WC1E
The Government has announced a major programme of road repair and construction (‘Roads boost and BSOG saved as LEPs get local transport... continue
Local Transport Today
Regular news
The first attempt to apply cost-benefit analysis to England’s concessionary travel scheme has concluded that the benefits of free travel to... continue
Local Transport Today
Regular news
The City of London has questioned the suitability of the DfT’s speed limit appraisal tool to urban areas. Officers told the City’s... continue
Local Transport Today
Regular news
The Office of Rail Regulation has asked Network Rail to study the costs and benefits of speeding up long-distance rail journeys. “We are... continue
Local Transport Today
Regular news
Andrew Forster
The National Audit Office has praised the DfT for keeping the capital costs of the multi-billion pound Thameslink project within budget. But it has... continue
Local Transport Today
Regular feature
Transport scheme appraisal needs to be radically simplified and shortened to make it fit for purpose in the new era of devolved major scheme... continue
Local Transport Today
Lead Story
Rik Thomas & Andrew Forster
Two major projects to develop new transport modelling capabilities are underway, with the DfT launching a review of the National Transport Model and... continue
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