Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Cheaper ‘HS2-light’ line beyond Birmingham considered by ministers

by
October 9, 2024
in Investing
0
Cheaper ‘HS2-light’ line beyond Birmingham considered by ministers
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Ministers are exploring plans to build a more cost-effective “HS2-light” railway line between Birmingham and Manchester, after the original high-speed rail project beyond Birmingham was scrapped.

This new proposal, which aims to improve capacity while reducing costs, is being considered as part of a broader review of the country’s infrastructure needs.

The “HS2-light” line would involve constructing a section between Birmingham and Crewe that allows trains to travel faster than on the West Coast mainline but slower than HS2, potentially cutting costs by up to 40%. The government believes this solution is necessary to resolve the impending “capacity crunch” on the West Coast mainline when HS2 begins running in the 2030s. Without new infrastructure, rail capacity between Birmingham and Manchester could decrease by 17%, according to the National Audit Office.

The proposal comes after Transport Secretary Louise Haigh confirmed that HS2 would terminate at London’s Euston rather than Old Oak Common. Senior government sources suggest the plan could move forward after the spring’s three-year spending review, with funding potentially supported by fiscal rule changes to be announced by Chancellor Rachel Reeves in her upcoming budget.

The plan aligns with proposals put forward by Labour mayors Andy Burnham and Richard Parker. They argue that building a new line north of Birmingham is critical for improving both passenger and freight capacity between the Midlands and the north of England. Their report, led by former HS2 Ltd chairman Sir David Higgins, calls for a line connecting Lichfield in Staffordshire to High Legh in Cheshire, with links to the planned east-west Northern Powerhouse Rail.

Henri Murison, chief executive of the Northern Powerhouse Partnership, highlighted the urgent need for the new line, calling it the only viable solution to the region’s capacity issues. He said, “A solution which connects the north and Birmingham with a new line will also link Leeds and the northeast.”

Senior figures within the government have acknowledged the need for action, with one source noting, “There is a realisation in government that what they’ve got at the moment is a complete dog’s breakfast and that something needs to be done.”

The final decision on the “HS2-light” line is expected in the coming months, as ministers assess the best way to move forward with the UK’s rail infrastructure plans.

Read more:
Cheaper ‘HS2-light’ line beyond Birmingham considered by ministers

Previous Post

Why Solomon Island Citizenship Is Gaining Attention Among Global Citizens?

Next Post

Business confidence dented by fears of higher taxes in budget

Next Post
Business confidence dented by fears of higher taxes in budget

Business confidence dented by fears of higher taxes in budget

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
Pints of champagne could be the next ‘Brexit dividend’

Pints of champagne could be the next ‘Brexit dividend’

December 24, 2021
Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

0

0

0

0
Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

July 23, 2025
July 30 Event: Senators Tim Kaine and Rand Paul Discuss the Effects of Tariffs on the US Bourbon and Wine Industries

July 30 Event: Senators Tim Kaine and Rand Paul Discuss the Effects of Tariffs on the US Bourbon and Wine Industries

July 23, 2025

What Does It Really Cost to Buy a Franchise?

July 23, 2025

9 Top Marketing Strategies for Small Dental Clinics

July 23, 2025

Recent News

Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

Fifteen Years of Dodd-Frank: A Legacy of Missed Targets and Regulatory Overreach

July 23, 2025
July 30 Event: Senators Tim Kaine and Rand Paul Discuss the Effects of Tariffs on the US Bourbon and Wine Industries

July 30 Event: Senators Tim Kaine and Rand Paul Discuss the Effects of Tariffs on the US Bourbon and Wine Industries

July 23, 2025

What Does It Really Cost to Buy a Franchise?

July 23, 2025

9 Top Marketing Strategies for Small Dental Clinics

July 23, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.