The economic case for HS2 has been downgraded on standard calculations, the government has admitted, as it pressed the wider case for high-speed rail by publishing new analysis of additional benefits and the cost of the alternatives. The benefit-cost ratio (BCR) for the Y-shaped network linking London, Manchester, Birmingham and Leeds has dropped slightly from [...] HS2 economic case downgraded but benefits still outweigh costs, says DfT | www.limit.ws
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