Think tank says coalition has backed the wrong horse in HS2

Marion Dakers
THE VALUE of the High Speed 2 rail project has not yet been proven and the government should be looking at alternative ways to spend the scheme’s £33bn budget, a think tank said yesterday.

The New Economics Foundation said the government has “backed the wrong horse” by committing to the rail link between London and the north of England, and that demand for rail capacity on the route has been overestimated.

“There could be better ways to meet our national goals, and as custodian of our public funds the government must step back from unsubstantiated rhetoric on HS2 in order to explore and assess these opportunities properly,” it said.

It comes a month after the National Audit Office said the government has not properly set out the claimed benefits of the project.