Damaging HS2 speculation must end, says CBI

Matthew Fell, CBI Chief Policy Director, said:

“HS2 is a project that levels up – a cornerstone of government and business ambitions. It’s too important a project to downgrade to HS1.5.

“The HS2 network will connect eight of the nation’s 10 biggest cities, creating jobs, opportunity and prosperity throughout the country. Reductions in road emissions and congestion will benefit the environment, and improved transport links can forge new collaborations between businesses, cities and regions.

“Continued speculation about the future of HS2 – which undermines confidence and investment decisions – is therefore both unwelcome and damaging.

“Government should put an end to any lingering uncertainty by reaffirming its commitment to delivering HS2, on time and in full, as a foundation stone for an equitable and sustainable future UK economy.”