Back
News

Why HS2’s benefits justify the cost

COMMENT: Arguments about infrastructure and spiralling costs are nothing new. Complex projects invariably cost more than originally proposed. But scrutiny on HS2 is intensifying, with the government’s review now showing costs could top £100bn. Lord Berkeley, former deputy chair of the review, broke ranks earlier this month to question the design and feasibility of the project, and business groups are making claim and counter-claim about whether the new line will be worth the investment.

But beyond the understandable concerns about costs, and the potential impact on communities closest to the new line, there is a bigger debate ongoing around the national interest.

This is why the London Property Alliance, which brings together the Westminster and City Property Associations, is working together with Sheffield Property Association (S-PA) to put forward the facts around HS2, and demonstrate how it is critically important to not just delivering the jobs and homes we need, but helping bring the country closer together – literally.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…