The electrification of the Valleys lines and the SW metro is costing around 750m, imagine what could be done with the 5 billion that has been robbed.
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Im pretty sure that isn’t why prices are so high. Why wouldn’t they just bang another couple of carriages on and rake it in like they do when London-cardiff is busy.
Im not completely against HS2 but I don’t think it would have the affect you think. While each route remains a monopoly prices will never go down.
HS2 is simply the biggest white-elephant project ever. The cost has already soared from £55 billion in 2015 to £108 billion by 2020.
Mr Bridgen, a Leicestershire MP, said he had received documents "from whistleblowers within HS2 and the Department for Transport, which indicated that phase 1 is now unlikely to be open for passengers before 2041 and that the whole project is going to be £160 billion in today’s money." Source: https://www.birminghammail.co.uk/new...-rail-21575244
Myself, I believe the benefits of HS2 have been wildly exaggerated and the money would have been much better invested in rail services in the north of England especially, but also here in Wales with electrification and the Metro system.