HS2 costs 'will exceed benefits'published at 11:21 Greenwich Mean Time 11 February 2020
Dr Richard Wellings, head of transport at think tank the Institute of Economic Affairs, is "deeply disappointed" over the decision to go ahead with HS2. He said:
Quote MessageWith the predicted costs ballooning to £106bn, the costs are now likely to exceed the benefits. And the project is highly unlikely to transform the North in the ways that have been promised. Investment in alternative schemes - such as incremental improvements to existing infrastructure in northern towns and cities - would deliver far larger economic gains."