Channel 4 reports on IEA research on HS2

The cost of a high speed rail link between London and Birmingham will be almost double the £43bn expected, and the scheme “defies economic logic”, said a think-tank in a report to be published tomorrow.

The right-wing Institute of Economic Affairs (IEA) has calculated that legal challenges to the route of the new train line, associated regeneration costs and forced changes to the route will push costs up to £80bn.

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