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Sixty-year appraisal ‘too short to capture all of HS2’s benefits’

High Speed Rail

Andrew Forster
13 September 2019
HS2 could change land values for ‘over a century’
HS2 could change land values for ‘over a century’

HS2 Ltd wants to test a new appraisal method that it thinks will show the benefits of building the multi-billion pound project have been grossly understated. 

The company’s chairman Allan Cook sets out the plan in his ‘stocktake’ of the project that was released by the Government last week. In it, Cook confirms that the project has been hit by escalating costs and delays. He presents a cost of £72bn-£78bn, much higher than the £55.7bn Government funding...

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