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 Benefits of HS2 were exaggerated, secret report reveals 
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The Sunday Telegraph has learned that even as they promoted the supposed benefits of the controversial high-speed line, civil servants were sitting on a secret 170-page report which revealed those benefits to be grossly exaggerated.


One senior official at the DfT explicitly told colleagues that the research "could not be used" because it would spoil the case for HS2, according to Colin Allen, a local resident who has sought the document’s release under the Freedom of Information Act.


“I was absolutely horrified that they were covering this up,” he said.


The cornerstone of the new line's business case is a claim that the first phase, from London to Birmingham, will generate benefits worth £23 billion, more than the £17 billion cost of building it.


The vast majority of the supposed benefits - £20.1 billion – come from claimed increases in productivity on the basis that quicker journeys will leave people with more time to work.


The then transport secretary, Philip Hammond, said it would “reshape Britain’s economic geography” and “transform Britain’s competitiveness as profoundly as the coming of the railways in the 19th century.”


The Prime Minister, David Cameron, claimed that the line would have a “transformative” effect on the economy.
:Lies: :whistling: :hihi:


link to rest of story..
http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/9321412/Benefits-of-HS2-were-exaggerated-secret-report-reveals.html



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Wed Jun 13, 2012 5:10 pm
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I think this is very good news and of cause for rejoicing.
To be honest it was never feasible from the start , given the state of the economy.
Of course the government won't announce anything or at least not for a while, because it's egg-on-face embarrassment!

Anyway, rejoice ! :clapping: :p :D ;)


Wed Jun 13, 2012 5:13 pm
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This comes as no surprise.

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Cool :banana:


Wed Jun 13, 2012 7:09 pm
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We might have been a tad premature in our conclusion. Tonight's BBC news says that it is full steam ahead on the proposal..

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Mon Jun 18, 2012 9:32 pm
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Even the government's admitted that the benefits weren't quite as big as initially claimed:
http://www.bbc.co.uk/news/business-24721214


Tue Oct 29, 2013 2:25 pm
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I really can't see the need for this.

Someone, somewhere, will make lots of money out of the tax payer should it go ahead...


Tue Oct 29, 2013 5:24 pm
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Another excuse being thrown about is that sorting out the current north/south routes would ruin everyone's weekends for the next decade-and-a-half, even though it would be a third of the price, so HS2 will be a better option from that point of view too.


Tue Oct 29, 2013 5:41 pm
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Ol' Tarzan throwing his tuppence worth's in:
http://www.bbc.co.uk/news/uk-24907735


Tue Nov 12, 2013 4:49 pm
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Lex wrote:
Ol' Tarzan throwing his tuppence worth's in:
http://www.bbc.co.uk/news/uk-24907735


Quote:
...says project would 'rebalance' UK wealth
- Silly old fart!


Tue Nov 12, 2013 5:57 pm
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Another update: http://www.bbc.co.uk/news/uk-25839958


Thu Jan 23, 2014 6:34 pm
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I really think it's a case of "follow the money" to understand what's going on here.

Regardless of business case, economics, etc. this will go ahead because there is a lot of money to be made.


Thu Jan 23, 2014 6:42 pm
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I've always thought this was a stupidly thought out (or not thought out) idea. I hope it doesn't happen. So many lovely rural areas of historic nature and industry will be affected.That's not forgetting the people who live there now.


Fri Jan 24, 2014 12:48 am
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Boris Johnson's father calls for 'popular uprising' against HS2

Stanley Johnson rallies north London residents against high-speed line, which will come 10 metres from his £4m house.

http://www.theguardian.com/uk-news/2014/jan/24/boris-johnson-father-popular-uprising-hs2


.


Sat Jan 25, 2014 11:58 am
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It's now claimed that 2 parks will be destroyed by HS2: http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-26724479


Tue Mar 25, 2014 1:32 pm
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Sadly Lex, those that stand to make money won't give two hoots about a couple of beauty spots. This is all about money and egos!

HS2 is not needed and will never cover its costs!


Tue Mar 25, 2014 9:33 pm
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I started another thread about the development of land at Ettington. I am sure Warwickshire's beauty is becoming more and more scarce as Mr C and his various family off shoots plough through with such proposals. http://www.dailymail.co.uk/news/article-2589486/Mr-Camerons-millionaire-cousin-furious-villagers-battle-save-Britains-countryside-plan-build-80-executive-homes.html


Wed Mar 26, 2014 10:41 am
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