Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Northern leg of HS2 to Manchester is set to be scrapped

by October 2, 2023
October 2, 2023
Northern leg of HS2 to Manchester is set to be scrapped

The northern leg of the HS2 line is set to be scrapped the government are about to formally announce.

Rumours had been circling for weeks that the high-speed rail line between Birmingham and Manchester was going to be axed by the prime minister and chancellor due to soaring costs.

But even the reports led to a huge backlash from all sides of the political spectrum with Labour mayors urging its retention. and former prime ministers Boris Johnson and Theresa May also voiced their concern over the cancellation speculation.

The first indications that the leg to Manchester could be scrapped came after the Independent reported that ministers were considering shelving the northern phase amid concerns about spiralling costs and severe delays.

The newspaper said a cost estimate revealed that the government has already spent £2.3bn on stage two of the railway from Birmingham to Manchester, but that ditching the northern phase could save up to £34bn.

Speaking about the news, Clive Wratten, CEO of the Business Travel Association (BTA) says: “Scrapping the Manchester to London leg of HS2 is a deplorable act of carelessness on behalf of the Government. Cancelling the key northern hub makes a mockery of the levelling-up agenda.

Once again, connected business travel across the UK is sacrificed by those in power negligent of the needs of those outside London.

We are on the verge of a climate crisis. Car hire is 22% up. Domestic air travel has increased. Rail is no longer the first choice. Continuous capacity challenges are forcing up costs, with service issues a consistent kick in the teeth to business travellers.

All rail infrastructure projects must be protected through investment. Travellers need a reliable and efficient alternative. We challenge you: without HS2, what will that alternative be?”

Read more:
Northern leg of HS2 to Manchester is set to be scrapped

0
FacebookTwitterGoogle +Pinterest
previous post
Ramaswamy campaign asks RNC to slash the number of GOP presidential candidates on the next debate stage
next post
Cato’s Erec Smith: ‘I’ve Been Accused of White Supremacy Because I Value Things like Self-Reliance and Individualism’

You may also like

Britain faces largest exodus of millionaires globally amid...

October 8, 2024

Lawrence Stroll increases Aston Martin shareholding after ‘incredible’...

October 10, 2023

UK Export Finance commits up to £4bn to...

November 23, 2022

British drivers send ‘clear signal’ in supporting electric...

May 8, 2025

Ashtead to shift primary listing stateside, dealing fresh...

December 10, 2024

Lloyds Banking Group Faces Profit Decline Amidst Heightened...

April 24, 2024

The implications of the bank of Mum &...

October 17, 2023

The big stay: job security concerns keep 71%...

August 27, 2024

Cost of renting hits highest in a decade

June 21, 2023

Why is it important to get outside? Practical...

March 27, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • House Dems urge GOP to condemn DHS for handcuffing Rep Nadler staffer, order Noem to testify

      June 3, 2025
    • EXCLUSIVE: Comer hails DOJ’s Biden probe as House investigation heats up

      June 3, 2025
    • Trump reaffirms hard-line on Iran nuclear deal: ‘will not allow any enrichment of uranium’

      June 3, 2025
    • Trump criticizes Rand Paul over tax bill opposition: ‘Votes no on everything’

      June 3, 2025
    • HHS ends Biden-era COVID-19 testing program that bled taxpayers years after pandemic

      June 3, 2025
    • The FTC Event that Wasn’t: The Attention Economy Workshop Misses an Opportunity for Meaningful Discussion

      June 3, 2025

    Categories

    • Business (8,129)
    • Investing (2,003)
    • Politics (15,490)
    • Stocks (3,122)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved