High Speed 2 Railway Line

Department for Transport written question – answered on 3rd November 2015.

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Photo of Jim Cunningham Jim Cunningham Labour, Coventry South

To ask the Secretary of State for Transport, what recent estimate his Department has made of the forecast return on investment from the High Speed 2 project; and if he will make a statement.

Photo of Robert Goodwill Robert Goodwill Parliamentary Under-Secretary (Department for Transport)

Analysis presented in the HS2 Economic Case published in October 2013 calculated that the benefit cost ratio (BCR) of HS2 is valued at 2.3 for the full Y-network, including wider economic impacts. Therefore, over £2 worth of benefits are expected for every £1 spent which represents high value for money.

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