Professor Philip Booth writes for The Telegraph

As some media outlets report that the goverment review into HS2 is set to recommend the project go ahead, Professor Philip Booth - Senior Academic Fellow at the Institute of Economic Affairs - says the project is being driven by local and national politicians, ignoring the rising cost. Writing for the Telegraph, Philip argues the ... Continue reading

Dr Richard Wellings quoted in The Daily Telegraph

The Daily Telegraph quoted Dr Richard Wellings, Head of Transport at the Institute of Economic Affairs, in response to the news that Crossrail faces yet another £650m delay. Richard noted that whichever Party wins the general election, they must take a "far more economically rigorous approach to infrastructure investment to ensure that taxpayers and consumers ... Continue reading
Last weekend I had a boneshaking ride on one of Northern Rail’s notorious Pacers. These trains, dating from the mid-1980s, were built cheaply in the last days of British Rail. They are essentially buses on rails, using a Leyland Motors bus body mounted on a modified freight vehicle. They are often fitted out with the ... Continue reading

Mark Littlewood responds to the Chancellor's party conference speech

In his speech to Conservative Party Conference, Sajid Javid pledged to promote at "infrastructure revolution" but as long as HS2 remains on the government balance sheet "it is near-impossible justify any hike in transport spending”, says the IEA's Director-General Mark Littlewood. Read the full piece here. Read Mark's full response to the Chancellor's speech here.... Continue reading

Mark Littlewood writes for The Times Business

Mark Littlewood, Director General at the Institute of Economic Affairs, has written on the recent decision of the government to review the high speed railway HS2. "Douglas Oakervee and Lord Berkeley, civil engineers, have the task of seeking out the “facts”. If their analysis is even halfway to being objective, it must be a near ... Continue reading

Richard Wellings signs letter to Yorkshire Post

Richard Wellings, Acting Research Director & Head of Transport at the Institute of Economic Affairs, has written a letter to the Yorkshire Post. "HS2 was a flawed project from the start. The economic case for it never made much sense, which explains why the rationale for the rail project keeps changing." Read the full letter ... Continue reading

Dr Richard Wellings quoted in The Sun

Dr Richard Wellings welcomed the government's review of HS2, saying "the economic case for it never made much sense". Richard, Head of Transport at the Institute of Economic Affairs, is quoted in The Sun arguing the review should "compare how the current HS2 budget could be spent in other ways. Lower taxes, less regulation, and ... Continue reading

Dr Richard Wellings quoted in the Financial Times

Dr Richard Wellings, IEA Head of Transport, is quoted in the Financial Times, responding to the announcement that the government has launched a review into the future of HS2. “There’s a large chance the project will be descoped,” said Dr Wellings, “[t]hey will look for ways to keep the costs down.” Read the full piece ... Continue reading

HS2 was flawed project from the start, says Dr Richard Wellings

Commenting on the Government’s announcement to review the costs and benefits of rail project HS2, the IEA’s Head of Transport Dr Richard Wellings said: “HS2 was a flawed project from the start. The economic case for it never made much sense, which explains why the rationale for the rail project keeps changing. “We should welcome ... Continue reading
Transport
Heathrow Airport Limited (HAL) had a setback last month. An independent proposal expanding Heathrow via an extension to the existing northern runway was granted permission to appeal a previous High Court judgement. This had allowed HAL to proceed with a north-west runway by way of the Airports National Policy statement. The appeal is scheduled to ... Continue reading