IEA study shows HS2 will be over budget

The Independent reports on IEA research

The Government has restated its commitment to the controversial HS2 rail project, despite a warning that its eventual cost could almost double to £80bn.

A study by the Institute for Economic Affairs (IEA), which concluded the controversial scheme “defines economic logic”, added to growing criticism of the proposals.

The think-tank called for ministers to abandon the project to build a 250mph rail link between London and Birmingham by 2026, followed by further lines to the North of England six years later.

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