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Taxpayers Alliance say HS2 could cost £150 billion

They are calling for it to be scraped

Published by Scarlett Bawden-Gaul at 12:16pm 5th February 2020. (Updated at 12:20pm 5th February 2020) 2-minute read.

Taxpayers Alliance say HS2 could cost £150 billion

The high speed rail link has been criticised by the Taxpayers Alliance. 

If approved, HS2 would pass through Buckinghamshire, including Aylesbury Vale.

In a personal letter to the Prime Minister, TPA Chief Executive John O'Connell has explained the eventual costs and calls for it to be scraped. 

This includes associated expenditure and rolling stock, the estimation is closer to £150 billion which is nearly three times as much as the initial predictions from the government of £56 billion.

TPA have identified 28 local and national transport projects across the country that could be done cheaper and they argue at better value to Towns, the Midlands and the North.

MPs are being called to ensure they take a critical look at the realistic costs of the railway, the difficulties in delivery and implications for towns overlooked and the environment.

HS2 is the only major project seven amber/red warnings in a row since 2013 from the Infrastructure and Projects Authority.

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