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29/10/2013

HS2 Construction Project 'Crucial'

Britain cannot meet its future transport needs without HS2, according to new evidence published by the government.

Even with over £50 billion of planned transport investment over the next six years the country’s railways will be overwhelmed. The strategic case for HS2 sets out in detail the need for a new railway line to provide the vitally needed extra capacity.

Central to the case is new data that reveals the true extent of the crisis facing the UK rail network and the impact alternatives to building HS2 would have.

The document outlines how demand for rail travel will continue to grow. By 2026 on commuter services into London during the evening peak, 40% of passengers will be standing. While research by Network Rail and Atkins shows that the alternative to HS2 would result in up to 14 years of weekend closures on existing lines and deliver only a fraction of the additional capacity.
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Secretary of State for Transport Patrick McLoughlin said: "We need a radical solution and HS2 is it. A patch and mend job will not do – the only option is a new north south railway.

"HS2 brings massive benefits to the north, is great for commuters and the alternatives just don’t stack up.

"Now is the time to be bold and deliver a world class railway which Britain deserves and can truly be proud of. Future generations will not forgive us if we fail to take this opportunity.

"The East Coast, West Coast and Midland Main Lines can only carry a finite number of trains each day before they become clogged. HS2 will add 18 trains an hour between Manchester, Leeds and London and will allow significantly more freight onto the wider rail network."

The new railway is also estimated to deliver an annual boost to the economy of up to £15 billion as a result of productivity benefits to business from faster journeys and reduced crowding. There will also be benefits of increased production efficiency from businesses being closer together. The analysis shows that the railway is vital in re-balancing the economy benefiting the north overall more than the south.

The government expects considerable regeneration around stations delivering jobs and growth similar to the experience of HS1 (the Channel Tunnel rail link). The 'Strategic case' points to £10 billion private sector investment around the new HS1 station sites as well as Google, the Crick Institute and other major international firms moving in to the area around King's Cross and St Pancras demonstrating the likely economic investment expected along the HS2 route.

(CD/IT)

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