Doubts are raised over the HS2 case

DOUBTS about the business case for high speed rail have been raised in the influential weekly journal The Economist.

After identifying that HS2 could avoid a capacity shortfall on the north-south rail routes, the newspaper’s analysists point out that figures predicting a 133 per cent increase in demand for long-distance rail travel between now and 2033 are twice the estimates of most other studies.

They point to the fact that Britain’s only existing high-speed line, from London to the Channel Tunnel, has never come close to achieving its projected passenger numbers and add assumptions about high-speed lines in other countries, such as Taiwan and France, have often turned out to be “over-optimistic.”

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The report also adds that a large chunk of HS2’s supposed benefits rest on the assumption that business people are un-productive while in transit.

In an age of laptops, mobiles and broadband this seems questionable.

But for all that, with all three main political parties in favaour of the £32 billion development, which is set to cut a swathe through south Warwickshire, the newspaper feels the project may just become unstoppable.

A decision should be made by Christmas. If appoved, work would start in 2017.