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Not really the ‘tories’ just some of them. The northern Tory MPs certainly want it. It is funded by long dated bonds. Not immediate taxation as it’s a nation
by DrBazza 4y ago
Not really the ‘tories’ just some of them. The northern Tory MPs certainly want it. It is funded by long dated bonds. Not immediate taxation as it’s a nationally significant capital project. So cancelling bits of it looks good on paper only but makes zero immediate impact.
As a Return on investment, every pound spent in the south east on infrastructure returns 5 times or more in the local economy compared to the rest of the Uk, which is how these projects are prioritised.
https://www.gov.uk/government/publications/hs2-phase-one-full-business-case https://www.gov.uk/government/publications/hs2-phase-one-ful...