You briefly noted publication by the DfT of a report concluding that the second Road Investment Strategy (RIS2) represents high value for money (“RIS2 ‘is good value’” LTT 12 Jun). Accordingly, I turned to this 29-page report, expecting to see substantiation of the £27bn, five-year road investment programme. I was disappointed.
The summary states that, overall, RIS2 is high value for money, meaning £2 return for every £1 spent (a benefit-cost...
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