HS2: The Proverbial Gravy Train

Earlier this week Prime Minister Boris Johnson gave the go-ahead for the controversial high-speed train infrastructure project that was budget to cost £56 billion last July and is now expected to cost £106 billion to complete. It is a well-known rule that any kind of project governments are involved in always end up costing the taxpayer a great deal more over the long term so this project is surrounded in controversy and even experts do not see it providing net benefits to the country.

The other worrying aspect of this gargantuan infrastructure project that raised red flags for me is the involvement of former Chancellor of the Exchequer George Osborne.

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