The final bill for the High-Speed 2 rail project could top £80bn - nearly double the current estimated cost of £42.6bn, The Institute for Economic Affairs has said.
The IEA, a politically neutral think tank, has told the BBC that changes demanded by local councils for additional infrastructure and changes to rail services will inflate the cost. The think tank wants HS2 to be scrapped and the money spent on other transport schemes which offer, in its view, far better long term economic…
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