Tuesday, 27 August 2013

Businesses not convinced by HS2

A leading business lobby group has called on the government to abandon its controversial high-speed rail project.

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, described the project as “one grand folly”.

So on top of all the existing groups that don’t want HS2 we can now add big business, apart from the government is there anybody left that’s actually in favour of this thing?

While the government have put their eggs in the wrong basket with this project, they have at least left themselves plenty of time to realise their error in judgment and scrap the project.


If the government does press ahead and ignore pretty much everybody then what we’ll end up with is a high speed rail link that won’t be built on time, will come in massively over budget, which nobody wanted, and that won’t benefit the economy in the way it was hoped.  

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