Too-da-loo HS2

The British Government have decided to build a high-speed railway between London, Birmingham and beyond.

Excluding the significant costs related to the upheaval caused during construction, the net cost to British taxpayers will be more than £33 billion and the overall journey time will be cut by approximately 20 minutes.

Once completed the management and running of HS2 will be passed into private ownership and is expected to generate £34 billion ticket revenues over 60 years (£570 million per annum).  It is unknown what profits the private company will generate for distribution to its shareholders or the level of remuneration to be paid to Board members and senior executives.

Unrealistic claims made by the pro-HS2 lobby:
Claim: £47 billion “benefits” will be generated over the next 60 years.
Reality: Against all the odds the existing network has generated a level of financial “benefit” over very many years.  If the existing network were left exactly as it is, it would be illogical to suggest the financial “benefit”, over the next 60 years, will be less than that forecast after building HS2 at huge expense.

Claim: Phase one will “support” 40,000 jobs.
Reality: None of the setup jobs (construction and operational) are likely to be new on the grounds that UK already has a Construction Industry.  The government attributes 30,000 of the total to “jobs growth” in regeneration areas linked to railway stations (which by and large already exist).  Growth is not happening now so why would it suddenly start simply because the journey time from London is 20 minutes less.  The argument is nonsense and the figures wishful.

Conclusion:
At worst the HS2 project is a cynical diversion from hard Transport issues.  All relevant government resources should be trained on remodelling the existing networks with the objective of making rail travel the first choice for every journey made in the UK.  To do anything else at this time is delusional and a project the scale of HS2, sheer vanity.

© RIVENROD 2012 – PENCIL AND PEN

6 Comments

  1. I don’t live near the HS2 route but I am astonished at what a negative view of the future it provides. So, some people just want to get there quicker. Not only is it financial nonsense and an albatross around the neck of future generations it is the sort of planning you’d expect from the 70’s or 80’s – not the 21st century. Good grief.

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  2. Pithy but so true Evvie.

    Like so many of us I’ve had enough of the mealy mouthed snivelling little shits.

    It must be said I have the utmost faith in our amateur leaders to do absolutely the wrong thing at the wrong time in the wrong way to the benefit of no-one other than a few well placed individuals who will be royally rewarded with our hard earned money for the failures that will inevitably ensue.

    But, it’s OK because they’ll do it all with the best possible intentions and the utmost transparency.

    RR

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  3. Its funny how you fuck and maul social commentary.
    its so dark and twisted and shows how ridiculously obvious some of the bullshit is.
    nothing but roaches on their little roach errands.

    Like

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