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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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McLoughlin accuses Labour of 'playing politics' on HS2

Transport Secretary Patrick McLoughlin is accusing Labour of "playing politics with our prosperity" over the £50 billion HS2 high-speed rail project.

Labour has expressed concerns over the cost of the HS2 high-speed rail project. Credit: Rui Vieira/PA Wire

Mr McLoughlin said those in opposition "learn nothing from the past," adding that the Labour Party could not claim to want one nation "if you won't back the things that will bring it together".

Labour appears to be cooling towards the HS2 project, which will see the scheme's first phase run from London to Birmingham in 2026, with a second Y-shaped route due to be completed to northern England in 2032/33.

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