A withering attack on the Government’s proposed high-speed railway from London to the West Midlands has been launched by an economist who pioneered the application of cost-benefit analysis to transport.
“I doubt one could find a worse current example than High Speed 2 of a failure to make a credible case for a major project,” says Sir Christopher Foster, who developed the economic case for constructing the Victoria Line in London almost 50 years ago. “I do not know...
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