High Speed Rail Group calls for a new affordable and realistic HS2 plan - London Business News | Londonlovesbusiness.com
Briefly

The High Speed Rail Group (HSRG) has proposed key recommendations to the UK Government regarding the HS2 project, emphasizing a need for a cost-efficient path forward. By advocating a 'Euston-Crewe core' strategy, the HSRG aims to maximize HS2's concession value and economic benefits, while minimizing costs. The Group identifies two critical infrastructure projects needed to relive congestion and strengthen transport links across key regions. HSRG estimates that taking these steps could save between £3-4 billion, thus improving the overall financial return to the Treasury.
The High Speed Rail Group (HSRG) urges the Government to focus on a cost-efficient, minimal scope for HS2 to maximize economic benefits and financial return.
HSRG's submission proposes a 'Euston-Crewe core' to enhance national transport capacity and drive economic growth, addressing urgent transportation needs.
Two critical funding needs were highlighted: the connection from West Midlands to Crewe and a scaled-back, cost-effective Euston Station design to minimize costs without delays.
HSRG believes the projects can be delivered significantly cheaper, estimating reductions of 35% and potential savings of £3-£4 billion, improving the project's viability.
Read at London Business News | Londonlovesbusiness.com
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