Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Rail: throwing taxpayers' money down a bottomless pit

Paul Withrington
13 April 2017
 

I read in The Times on 11 March that Britain’s new aircraft carriers, HM Queen Elizabeth and Prince of Wales, were so named to make it more difficult to scrap them. The Times also says that their price rose from £3.5bn to £6.2bn in 2010 so that, by then, the ships were “too expensive to cancel”. Barmy or what?

Well not as barmy as HS2. Presumably the argument goes that if the scheme was cancelled the £1bn-plus spent on studies and development work would be...

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