high-speed one

UK transport secretary Justine Greening has approved controversial plans for a new high-speed rail network (HS2) linking London to Birmingham, Leeds and Manchester.

The network will be constructed in two phases, with a new 140 mile-line connecting London to Birmingham due to be completed by 2026. The second phase, which is due to be completed by 2033, will extend the new line towards both Manchester and Leeds. A formal consultation period will begin in early 2014, with selection of the final route due by the end of 2014.

Transport secretary Justine Greening said: "A new high-speed rail network will provide Britain with the additional train seats, connections and speed to stay ahead of the congestion challenge and help create jobs, growth and prosperity for the entire country."

The plans have, however, been met with continued scrutiny and opposition as local residents have questioned the proposed route and its impact on the UK countryside.

Various reports compiled by financial analysts have also questioned the validity of figures used to back the line, with many accusing the Department of Transport of exaggerating potential passenger figures and the amount that could be raised through fares.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Caption: The Channel Tunnel rail link is currently the UK’s only high-speed rail line. (Image courtesy of Clem Rutter.)