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News category: Economics / Appraisal / BCR

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Local Transport Today
In brief
Local authorities in the Cheshire area are cutting how much reimbursement they pay bus operators for concessionary travel. Cheshire East, Cheshire... continue
Local Transport Today
Letters to the editor
Vanessa Kovacevic, Suffolk IP28
I am delighted that you found so much space to report the results of the Highways Agency’s POPE post-opening meta-study of major road schemes... continue
Local Transport Today
Main editorial comment
Opponents of HS2 are furious at transport secretary Patrick McLoughlin’s decision to veto publication of the Major Projects Authority’s... continue
Local Transport Today
Regular news
Two councils are planning to scrap their long-standing ambitions for a new railway station between Bexhill and Hastings on the South Coast. A station... continue
Local Transport Today
Regular news
Hopes of restoring rail passenger services to a South Coast branch line have been dashed after a study found the project offers poor value for... continue
Local Transport Today
Regular news
Peak hour journey time savings delivered by major road schemes usually turn out to be  lower than forecast, says Atkins. A statistical test... continue
Local Transport Today
Regular news
Most of the major Highways Agency road schemes built between 2002 and 2010 are delivering high value for money, according to an evaluation of the... continue
Local Transport Today
Regular news
Andrew Forster
Many traffic forecasts for major road schemes are inaccurate, with modellers appearing to have particular difficulty predicting traffic levels on new... continue
Local Transport Today
Regular news
Very few of the Highways Agency major road schemes built in recent years appear to have induced additional traffic. For the purpose of its analysis,... continue
Local Transport Today
Letters to the editor
Denise Carlo, Norwich and Norfolk Transport Action Group Norwich NR2
Ministerial approval of the A47 Postwick Hub on the edge of Norwich is an illustration of a transport decision being made on political criteria as... continue
Local Transport Today
Main editorial comment
Local Transport Today
The UK is internationally renowned for having expertise in transport appraisal, even if there remains a lively debate about whether our methods... continue
Local Transport Today
Phil Goodwin
Phil Goodwin
I don’t know whether Christian Wolmar, Terry Pratchett and Nicole Kidman know each other, and to ask them would spoil a most agreeable fantasy... continue
Local Transport Today
Regular news
Lee Baker
The Highways Agency claims that the majority of its traffic flows are accurate, and that the accuracy of forecasts is improving over time. It has... continue
Local Transport Today
Secondary stories
The Government this week approved Norfolk County Council’s plans for a new £19m road junction on the eastern edge of Norwich despite it... continue
Local Transport Today
Regular news
The DfT has revealed how it adjusts transport scheme benefit:cost ratios (BCRs) to reflect a project’s impact on matters such as journey time... continue
Local Transport Today
Regular news
Andrew Forster
The DfT says consultant KPMG’s controversial analysis of the economic benefits of High Speed 2 is based on “sound economic theory”... continue
Local Transport Today
Letters to the editor
Tom Worsley, Institute for Transport Studies, University of Leeds, Leeds LS2
The DfT’s analysts are to be congratulated on the way in which they are developing the analytical strategy announced in their recent... continue
Local Transport Today
Viewpoint
Peter Mackie, University of Leeds
It is a feature of many big transport projects that they go through massive wobbles. The third London Airport, the Channel Tunnel, HS1 and Crossrail... continue
Local Transport Today
Regular news
Andrew Forster
The DfT has appointed consultants to develop a tool for monetising the benefits of  spending on local road maintenance outside... continue
Local Transport Today
Letters to the editor
Graham Nalty, Derby DE24
The last issue has two very interesting articles on HS2. The first is the KPMG analysis of HS2 benefits (‘Sparks fly as academics contest... continue
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