Transport written question – answered at on 4 February 2013.
To ask the Secretary of State for Transport what estimate he has made of the potential economic benefits of the proposed High Speed 2 extension to Leeds to (a) individuals and (b) businesses in Tamworth.
Phase Two of High Speed 2 will transform journey times, capacity and connectivity between major cities of the north, midlands and London, enabling northern regions to fulfil their economic potential.
HS2 will also free up space for additional commuter, regional and freight services on the West Coast Mainline offering more opportunity for services to meet local needs. Latest estimates published in August 2012 suggest HS2 will deliver net benefits of £64 billion, including over £15 billion in wider economic impacts. If local areas seize the opportunity offered by HS2 these benefits could be greater. HS2 Ltd will undertake further work to assess the sub-national, regional and local economic impacts of HS2.
We will deliver a fair deal for people whose homes, land or businesses will be affected by construction by continuing to offer a generous compensation package and investing millions in tunnels and other mitigation measures.
Yes0 people think so
No2 people think not
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