Is HS2 worth the money?

The high-speed rail will provide the greenest, safest and most efficient form of transport. Although the cost was said to be over 100bn the investment will provide a major boost to business and the economy; the faster rail inks will help reduce the north-south divide and overcome the externalities of car use.



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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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He continued that HS2 will help support economic growth and make a major contribution towards rebalancing the economy.[284] We take rebalancing the economy to mean stimulating growth outside of London and the South-East, rather than encouraging growth at the expense of London and the South-East.

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HS2 blasts through sensitive wildlife sites, because the speed means the tracks need to be straight. Possible connections between HS2 and other railways, especially East West Railway, have been ignored. HS2 does not provide interconnectivity and is far from an integrated solution.

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How much will tickets cost? There is likely to be a premium of between 20 and 33 per cent for using the fast service. That would in theory push the cost of a London-Manchester Anytime ticket from £180 to £240 at 2020 prices, which works out at 6p per second.

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Studies have found that high-?speed trains can generate new economic development near the stations where the trains stop. However, the same studies show that economic development slows in communities not served by such trains.

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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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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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Other groups opposing HS2 include the HS2 Action Alliance, The Wildlife Trusts and the Woodland Trust. The group has a chairperson, a treasurer and a campaign manager, relying on donations to pay them. In 2011, it made a fundraiser to pay its campaign manager Joe Rukin.

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HS2 plagued by delays The initial opening date of 2026 has fallen back to 2033, while cost estimates have spiralled from about £33bn in 2010 to £71bn in 2019 - excluding the final eastern leg from the West Midlands to the East Midlands.

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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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But HS2 is quite controversial. Those who support the project say it will improve transport times, create jobs and help the country's economy. Critics of it though, are worried about how it will impact wildlife, the countryside, their homes and how much it will cost.

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Environmental groups The Woodland Trust opposes the current route of the proposed High Speed 2 rail link because of its impact on ancient woodland. It reports that 108 ancient woods are threatened with loss or damage from the project.

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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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