Adam Smith Institute

View Original

Tone-deaf timing on HS2

Following the utterly tone-deaf timing of the government announcing HS2 entering construction phase, Matthew Kilcoyne blasted the wasteful spending and questionable economic benefits of HS2:

"The benefits of HS2 won't just be delayed and overpriced, they'll now likely never arrive. COVID-19 is already undermining the economics of the  project: with faster broadband and new technologies like Zoom fewer people will want to spend hundreds of pounds commuting across the country.

"We've got an economic crisis that's going to cost taxpayers billions. We can’t afford vanity projects like HS2. We need to get back onto a sustainable financial footing.”

For further comment, or to arrange an interview please phone Matthew on 07904099599 or email matt@adamsmith.org