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Regular news: Issue 513 13 Feb 2009

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Economics / Appraisal / BCR, Railways, Scotland

Rail study ‘overestimated benefits of re-opening’

The City of Edinburgh Council this week put plans to re-open a railway to passengers on the back-burner after hearing that a consultancy study had vastly over-estimated the project’s benefits.

In 2004 Atkins concluded that re-opening the city’s freight-only South Suburban Railway to passenger trains would have a benefit:cost ratio exceeding 1.5. The result helped to fuel the campaign for the line to be re-opened.

But Edinburgh’s director of city development Dave Anderson told...

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