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Sir Keir Starmer

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GPR - Rochester View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GPR - Rochester Quote  Post ReplyReply Direct Link To This Post Posted: 7 hours 15 minutes ago at 3:53pm
Cannot see the financial benefits which accrue from HS2 to justify £200 Billion spending which will, no doubt, become £300B. It saves what 30 minutes a journey.
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dr_martinov View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dr_martinov Quote  Post ReplyReply Direct Link To This Post Posted: 7 hours 1 minutes ago at 4:07pm
Originally posted by GPR - Rochester GPR - Rochester wrote:

Cannot see the financial benefits which accrue from HS2 to justify £200 Billion spending which will, no doubt, become £300B. It saves what 30 minutes a journey.

Putting it like that.... you know of the Sunk Cost Fallacy? HS2 starting to look like a prime example of one.

So what is the issue with the England and Wales thing? Does this mean it comes out of a budget intended for projects in Wales or is it just a naming issue?


Edited by dr_martinov - 6 hours 60 minutes ago at 4:08pm
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Jones2004 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jones2004 Quote  Post ReplyReply Direct Link To This Post Posted: 5 hours 54 minutes ago at 5:14pm
Originally posted by dr_martinov dr_martinov wrote:

Originally posted by GPR - Rochester GPR - Rochester wrote:

Cannot see the financial benefits which accrue from HS2 to justify £200 Billion spending which will, no doubt, become £300B. It saves what 30 minutes a journey.

Putting it like that.... you know of the Sunk Cost Fallacy? HS2 starting to look like a prime example of one.

So what is the issue with the England and Wales thing? Does this mean it comes out of a budget intended for projects in Wales or is it just a naming issue?
No, it’s much more than a naming issue. It means that the money given to the Welsh Government will be £5bn less (if HS2 stays on budget) than what we should get from a population share. Considering that Wales is one of the most deprived areas of the UK it seems like Boris was lying when talking about levelling up!! I know, unbelievable LOL
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