A wake-up call for the Department of Transport: do the proper sums, HS2 is worth it
The High Speed 2 rail project is under fire on many fronts. The Nimby protests in the affluent Home Counties have been augmented last week by more weighty criticism by the National Audit Office (NAO) of the scheme. At least, this is how the NAO’s work has come across in the media. But the NAO […]
Airports, Commercial Value and how to Split Hairs
In the not too distant past, major UK airports were public assets. In many parts of the world, they still are. But here, for some good and some not so good economic reasons, we privatised ours. So now we need to ask whether private investors want to own them, and especially whether they want to construct […]