How much will HS2 bring to the economy?

The Economic Case estimated that HS2 would create wider economic benefits worth £13.3 billion over 60 years (see Table 17). The Strategic Case argued that this standard analysis did not capture the full benefits of HS2 as it would have an effect on the distribution of economic activity in the UK.



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The HS2 rail line will provide significant extra capacity for passengers and freight within the UK and to continental Europe, along with other significant predicted national and local economic benefits that will come from sharing some of the South East's wealth.

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In fact, the only high speed network with a top speed similar to HS2's is in China, where trains can reach 350km per hour – still less than HS2's 360.

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HS2 will also play a crucial role delivering Northern Powerhouse Rail – the backbone for an integrated northern rail network. Together these better connections will help to level-up the country.

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The government says HS2 will cut the time for this journey to 49 minutes, making it 30 minutes faster than now. Importantly, the line will start at Euston, in central London, rather than a new station to the west of the capital as some had speculated in recent weeks.

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The main gain of HS2 is that it frees up space on the rail network for more freight services. This point has often been missed in discussions about the project. There is no doubt that there would be environmental gains. The passenger gains are less compelling and less urgent.

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HS2 will be delayed by another two years and major roadbuilding schemes will be mothballed, ministers have confirmed, after soaring inflation added billions to the cost of transport infrastructure projects.

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While HS2 Ltd. has failed to meet the key schedule performance mark, it says it remains on course to complete the work well in the range of 2029 to 2033. But when the line will reach the central London terminal at Euston is still unknown. With costs rising, the government paused work at Euston in March.

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Operation: HS2 will be powered by zero carbon electricity. Construction: Net zero for construction from 2035. Scope 3 emissions include all other indirect emissions in an organisation's value chain.

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High Speed 2 (HS2) is a planned high-speed railway line in England, the first phase of which is under construction in stages and due for completion between 2029 and 2033, depending on approval for later stages.

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In addition, the tracks, signals, rail cars and software made in the U.S. are costlier than imports, largely because the government has not funded rail the way European and Asian countries have, experts say.

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Despite an absence of official numbers, the chairwoman of the Stop HS2 group, Lizzy Williams, estimates at 50m from the track, the noise from the trains will be between 95 and 97 decibels every two minutes if the line runs at capacity. But speed isn't the only determinant of train noise.

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Britain only has a small section connecting London with the rail tunnel to mainland Europe. In terms of speed, HS2's planned top speed of 225 miles per hour (mph) could make it Europe's fastest rail network.

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HS2 Ltd, the state-funded body responsible for delivering the line, failed to add enough contingency to its cost estimates after using a calculation method that was inappropriate for the early stage of the programme.

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