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Business backs high-speed rail link

Business leaders, union bosses and economists are urging the Government to press ahead with plans for a high-speed rail line between London and Birmingham.

In letters to the Financial Times, Daily Telegraph and the Guardian, they said the proposed HS2 would boost growth and create jobs. The final decision on whether to go ahead with the controversial rail link has been postponed until this month.

Signatories including John Longworth, director-general of the British Chambers of Commerce, argued in the Telegraph that Britain's "poor infrastructure" is a "major obstacle" to long-term growth.

With just 70 miles of high-speed rail track, they say the UK lags behind other "world-class" economies such as France and Japan, and is also trailing Morocco, which has 422 miles, and Saudi Arabia, with 342.

"The absence of a high-speed rail line connecting the northern parts of Britain to London and the European Union is a continuous embarrassment to those promoting British business overseas," they told the newspaper.

Writing to the Financial Times, a group of economists said HS2 would support the creation of up to one million British jobs and give an "immediate boost" to the British construction industry.

In the Guardian, signatories including Bob Crow, general-secretary of the RMT, and Frances O'Grady, deputy general secretary of the TUC, insisted the planned line would immediately bring thousands of engineering and construction jobs to the UK, as well as jobs long-term in the rail industry and regional employment.

Transport Secretary Justine Greening had been expected to make a final announcement before parliament rose for its Christmas break but the decision was delayed until the new year, with Ms Greening understood to be considering whether a £500 million tunnel should be bored to minimise impact on the Chiltern Hills landscape.

TaxPayers' Alliance director Matthew Sinclair said: "While rich special interests are lining up to defend the multibillion-pound high speed rail scheme, surveys show that most of the public and most businesses would rather do something else with the huge amount of money it is going to cost them.

"Taxpayers can't afford the thousand pounds a family that the new line will cost. With so many pressures on the public finances the Government should reconsider this enormous white elephant."


From Belfast Telegraph