Southport Reporter (R) Bourder
Southport & Mersey Reporter - Mobile

Click on here to go to latest edition's main page.

  Search Edition Archive  

Visit our online shop...

   

Click on to go to our hub website.

Latest Edition   Archive   Shop   Email   Mersey Reporter
Please support our advertiser below...

For more recommended businesses click on here...

Weekly Edition - Published  27 June 2016

 

Local News Report - Mobile Page

 

Economic uncertainty leaves the case for HS2 in question

WHILE the financial markets and the UK at large continue to digest Friday's shock result in the EU referendum, 1 thing is patently clear; now is not the time for the government to press on with what some see as an ill conceived and economically flawed infrastructure project that could end up costing over £75 billion.

The economic instability of last Friday, specifically the plunge of the sterling and the FTSE, may be a harbinger of things to come and will almost certainly force the government to re-evaluate its spending priorities in the face of a probable economic downturn. All policy areas will come under increased scrutiny and transport infrastructure will be no exception. In a piece in this morning's FT, the newspaper argues that controversial projects such as HS2, Hinkley Point and a 3rd runway at Heathrow could be subject to a government rethink. The piece quoted Lord Berkeley, the Labour peer and transport expert, who opined that:- "the priority for the government at this time will not be big sexy projects such as HS2."

Spending in excess of £50 billion on HS2, a high speed rail line that will predominantly serve London and not address the capacity and connectivity issues of the current rail network, makes even less sense than it did before the vote to leave the European Union. A study of the facts reveals that the environmental, business and economic case for HS2 is dubious at best and at worst a waste of precious taxpayer money that could be better allocated elsewhere.

High speed rail has an important role to play in developing a better connected and higher capacity rail network for UK and it is high time that a viable an alternative to HS2, such as HSUK, was full explored. The HS2 project has not been fully thought through and there has been a failure of due process in arriving at the current proposals for high speed rail in this country. Especially as HS2 in its current format misses out Liverpool and other key Cities.

High Speed UK (HSUK), a rival scheme that costs less, delivers more and can be built quicker trumps HS2 in every aspect. It is imperative that the House of Lords, where the High Speed Rail Bill currently resides, examine alternatives to the flawed HS2 project.
HSUK is a fully mapped, timetabled and costed high speed rail scheme designed by highly experienced British railway engineers. HSUK's route is mostly on the surface following the M1 and other established transport corridors. It avoids HS2's unprecedented lengths of highly expensive tunnel and its intrusion into sensitive areas, including the Chilterns AONB. HSUK would connect many more cities, meet climate change targets and fulfil the objectives of HS3 to create a 'Northern Powerhouse'. It provides 4 tracks of North / South capacity and, on a like for like basis, costs £21 billion less than HS2. Moreover, HSUK would integrate with the existing rail network and improve regional economies across the UK. 

 

For more information please visit:- HighSpeedUK.Co.UK. Please let us know your views on this issue via emailing us to:- News24@SouthportReporter.com.

 

News Report Page Quick Flick.

Click on here to go to the mobile menu page for this edition. News Report Page Quick Flick
 

Read this page.

Southport Reporter (R) Bourder


  


 

 

 RSS Our Weekly Headlines

 


(+44)  08443 244 195
Calls to this number may be recorded for security, broadcast, training and record keeping.
 

4a Post Office Ave, Southport, Merseyside, PR9 0US, UK

 

Click on to see our Twitter Feed.  Click on to see our Facebook Page.  Click on to follow our LinkedIn Profile. This website is licence to carry news from Vamphire.com and UK Press Photography. 

This is our media complains system...

We are regulated by IMPRESS, the independent monitor for the UK's press.

How to make a complaint
Complaints Policy
Complaints Procedure
Whistle Blowing Policy

 



Southport Reporter® is the
Registered Trade Mark of Patrick Trollope

...