The chairman of the House of Commons treasury select committee has written to transport secretary Chris Grayling demanding to know more about the economic case for HS2.
The Department released an updated case last autumn, alongside announcing the preferred route for phase 2b of the network (LTT 25 Nov 16).
In his letter, Andrew Tyrie notes that the benefit:cost ratio (BCR) of the project, excluding wider economic impacts (WEIs), has increased from 1.8 in November 2015, to 2.1 and is...
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