Latest News
Repost: Government found to be hiding information showing cities losing out due to HS2
When benefits turned into losses
Almost exactly two years ago, it was revealed that after the Government paid KPMG £250,000 to invent a brand new untested methodology to create supposed economic benefits of the HS2 project, it turned out that lots of places would actually be economic losers. The report was decried by economists as ‘essentially made up’, and to put it in perspective claimed it £15bn of annual economic benefits, despite the fact the current rail network is only worth £10bn per year to the economy, and HS2 would only carry 6% of the passengers.
As this clearly shows the economic benefits were inflated, then surely the losses some places would face were underestimated. Here’s how Newsnight reported on it at the time.
Stop HS2 at the SNP party conference
Repost: Scotland set to be an official loser from HS2
HS2 U-turn from Tory think-tank, as failure to review shows Osborne jumped the gun.
AP4 petitioning starts and AP3 continues
HS2 Ltd: from ‘expecting to pass’ to ‘expecting to fail’ in just six months
Should Scottish taxpayers be paying towards HS2?
Video by Anas Hassan. “It looks unlikely that the UK Government’s new High Speed Railway Project, HS2, will be coming to Scotland any time soon.”
In the aftermath of Scotland voting to stay within the United Kingdom, Anas explains why Scottish taxpayers should not have to contribute a single penny towards a railway which won’t even benefit the Scottish economy and, in fact, could damage it.