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

Demolishing the benefit:cost ratio for building HS2

Paul Withrington, Transport-Watch, Northampton, NN2
22 November 2019
 

We believe those who have promoted HS2 are guilty of malfeasance in public office. Here are some of our reasons (the lower values in the benefit to cost ratios  exclude wider economic impacts (WEIs), the higher ones include those alleged benefits):

Costs: Rail project cost expert Michael Byng estimates that the cost of HS2 plus the cost of trains will be £113bn, double the DfT’s £55.7bn estimate in 2015 prices. In addition, Sir John Armitt, chair of the National...

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