HS2 project condemned by MPs

The latest news on plans to build a High Speed Rail link between London and the Midlands.

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Claims HS2 demand is 'overestimated'

Claims HS2 demand is 'overestimated' Credit: ITV News Central

The demand for HS2 has 'likely been overestimated' and the £33 billion project does not offer value for money - according to a report out today.

The New Economics Foundation says evidence that the rail line, which will run through the Midlands, will promote economic growth or tackle the north-south divide, is limited.

The report also claims the line will be 'carbon intensive and environmentally damaging', and recommends the money earmarked for the project be spent elsewhere, ideally on transport systems away from the Capital.

The Government is firmly backing plans for the route which it says will boost the economy and is needed for the country to remain competitive.

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