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Business Leader Questions HS2 Benefits

Friday August 30 2013

Owen Gleadall Owen Gleadall

A TOP Barnsley business leader has questioned how much people will benefit from the HS2 project after a think tank warned the high-speed rail link could end up costing more than £80billion.

The new figure was revealed by The Institute for Economic Affairs and is almost double the original estimated cost of £42.6billion.

The think tank expects the cost to inflate due to lobbying by local councils for extra infrastructure and design changes.

The controversial high-speed rail route will pass through parts of Barnsley and business leader Owen Gleadall, the president of the Barnsley and Rotherham Chamber of Commerce, is concerned the benefits to Barnsley and the north will be very little.

"Is there going to be a gain, and is it worth £80billion? I wonder in fact if that money could be better spent in other areas," he said.

"Perhaps some of the money would be better spent in a slightly more joined up transport infrastructure, linking us up to the Pennines and to Manchester?"

The IEA has said HS2 needs to be scrapped and the money spent on other transport schemes.

However, the company behind HS2 believes the scheme would create an 'economic asset' and provide 'significant value'.

What do you think? Have your say below.

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Reply Posted by Bill Courtney on Friday August 30 2013 at 11:54
Instead of building HS2 we should spend the money upgrading our existing railway routes so that the whole network can carry more passengers, quicker and more energy efficiently.
To achieve this aim a new form of braking needs to be developed so that more trains can occupy the lines without compromising on safety.
The answer might be Magtrac, as described at www.cheshire-innovation.com/Transport%20internet.htm

Reply Posted by keith on Friday August 30 2013 at 22:05
spend the money on a proper road to manchester airport, its disgusting in this day and age that we have to travel this way over woodhead pass,

Reply Posted by Swifty on Saturday August 31 2013 at 23:41
Lets invest in a alien space ship Car Park. Because the people that makes these decision must not travel via roads rail in this country. the Railways re a disgrace and the roads are not fit for purpose after tens of years of decade and lack of investment. The motorways and A roads are very congested and lack more lanes.

And finally who's going to travel on these trains when everyone's on minimum wage. Sorry I forgot its not for a day trip to the seaside. It's for the fat hats from South to move around.

Reply Posted by Ian on Wednesday September 4 2013 at 21:49
The money would be better off spent on upgrading our existing routes.These people who are in these "think tanks" DON'T live in the real world Or the UK! The money would be ill spent.
And I totally agree with Swifty Here I go again...Those who can! And the rest who can not...Period!