Jim Cunningham – 2015 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Jim Cunningham on 2015-10-29.

To ask the Secretary of State for Transport, what recent estimate his Department has made of the forecast return on investment from the High Speed 2 project; and if he will make a statement.

Mr Robert Goodwill

Analysis presented in the HS2 Economic Case published in October 2013 calculated that the benefit cost ratio (BCR) of HS2 is valued at 2.3 for the full Y-network, including wider economic impacts. Therefore, over £2 worth of benefits are expected for every £1 spent which represents high value for money.