Transport minister rejects directors' 'grand folly' HS2 attack

Transport Minister Norman Baker has defended the government's high-speed rail project after a business lobby group said it should be abandoned.

The Institute of Directors (IoD) said a survey of its members showed businesses were unconvinced by the economic case for HS2.

The IoD's director general, Simon Walker, said: "It is time for the government to look at a thousand smaller projects instead of falling for one grand folly."