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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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Labour urges 'no blank cheque' for HS2 rail project

Shadow transport secretary Mary Creagh reiterated Labour's position that there can be "no blank cheque" for the HS2 rail project.

Ms Creagh said:

We must address the capacity problems that mean thousands of commuters face cramped, miserable journeys into cities like Birmingham, Manchester, Leeds and London.

But there can be no blank cheque and ministers must get a grip on costs.

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