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National

Anti-HS2 group wants property bonds from Govt

A spokesman for the anti-HS2 group that was successful in its High Court case over the compensation consultation suggested that the Government should issue property bonds:

We don't have a value for what the compensation bill will be.

One way for the Government to help would be to issue property bonds to ensure the housing market remains liquid.

Existing owners may have to sell at a discount because of the blight.

But bonds could be issued to ensure the person buying would have a guarantee that the Government would make up the difference if the price fell below a certain level.

This could help prevent people being unable to sell and remaining trapped in their homes for a long period of time when a change in their circumstances, such as a change of job, required them to sell.

– HS2AA spokesman Richard Houghton

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National

Residents living near HS2 route 'should not bear burden'

A lawyer from the firm who represented High Speed 2 Action Alliance (HS2AA) - who won a case against the government today - expressed delight over the victory on the compensation challenge.

This was never a Nimby argument. Many thousands of people living along the route will not be able to sell their homes for some 15 years because their homes are blighted.

They should not have to bear the burden for this national project.

We hope now that proper arrangements are put in place by the Government for compensation for those who live by the proposed HS2 route to make it possible for them to move if and when they wish, in the same way that the rest of us can.

– Richard Stein, Leigh Day law firm who represented HS2AA
National

High Court ruling could delay HS2 for years

Fierce campaigns are being fought to stop HS2 development in certain areas. Credit: PA

The High Court is to rule today on legal challenges to the Government's HS2 high-speed rail scheme.

Opponents are asking a judge in London to declare in a series of five cases that the multi-billion pound project is legally flawed and must be sent back for reconsideration.

The first phase of HS2 would see a high-speed railway line running through Tory heartlands from London to Birmingham.

The scheme has polarised opinion, with many residents' groups and local councils bitterly opposing it, but supporters point out the benefits of a reduction in journey times between the UK's two biggest cities.

If successful, the legal challenge could potentially delay the scheme for years.

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