The DfT’s appraisal methods fail to capture the full extent of benefits that HS2 will bring, according to the HS2 Growth Taskforce.
“Experience from past major transport investments, none of which have been on the scale of HS2, tells us that a benefit:cost ratio derived from the DfT’s standard approach has been overly conservative in attributing the benefits projects eventually deliver to the transport intervention,” it says.
“We don’t think that the...
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