In a desperate bid to keep the HS2 vanity project alive, the transport minister will quote a report commissioned by HS2 Ltd which says HS2 will boost the economy by £15bn a year. That dubious figure is dwarfed by the potential in traffic system reform for savings and regeneration, as I pointed out 3 years ago here, and as we argue in more detail in a forthcoming report for the IEA.
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