Cost of HS2 'could almost double'

The Evening Standard reports on IEA research

The study by the Institute for Economic Affairs (IEA) called for the project to be scrapped, saying it "defies economic logic", the Sunday Telegraph said.

In the report, to be published on Monday, the IEA says the cost of the scheme has been vastly underestimated, and argues that the £80bn price tag could deliver £320bn of value if spent on road and other rail and transport projects. Campaigners are also warn that more than half a million people across Middle England will have their lives affected by the project's construction.

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