£4.5 billion - could introduce superfast fibre optic broadband across the country, which would boost business, reduce pressure on transport and protect British infrastructure.
£2 billion - to make cities outside London better for cycling and walking.
– David Theiss, New Economics Foundation researcher
HS2 is the largest transport investment in the UK's history. At the moment it amounts to a £33 billion gamble.Our research shows the Government is backing the wrong horse. Instead of pouring billions of pounds into a single line that will take 20 years to complete we should be spreading our bets on a wider range of transport investments that offer better value for money.
The Government says HS2 is needed to boost transport capacity and make the country a more prosperous place.
- The New Economics Foundation argues that demand for HS2 has been 'over-estimated'.