HS2 predicted benefit falls

The expected benefit-cost ratio of the HS2 has been revised down in the Government's latest report, falling from £2.50 benefit for every pound spent to £2.30.

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Government defends HS2 scheme despite new report

The Government has robustly defended the case for a High Speed rail line despite the publication of a new report suggesting the estimated economic benefits had reduced.

The expected benefit-cost ratio of the HS2 was revised down in the report by the scheme's promoters.

However, the Transport Secretary said the controversial scheme would become the new "backbone of Britain".

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