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[Department for Transport, HS2 phase one, accounting officer assessment of 23 July 2019, VfM (extract)]
The value-for-money case for the HS2 programme compared against alternative schemes remained compelling. For Phase One in isolation, measuring cost to go against the funding envelope produced a BCR of between 0.9 and 1.0 including WEIs; this is considered ‘poor’ value for money.
However, the enabling nature of the Phase One scheme means that the value for money position for the ‘Full Y’ HS2 scheme remained intact.
Despite this, the value for money category fell to ‘low’ (BCR of 1.3 including WEIs).
HS2 Ltd. is continuing to fail the environment with a catalogue of errors growing longer all the time says the Woodland Trust.
As the Court of Appeal deliberates on Chris Packham’s request for a judicial review of the Government’s decision to green light the project, the Trust has issued a list of some of HS2 Ltd’s biggest failings around ancient woodland so far and says there needs to be a real step change, not just on the current Phase 1 from London to Birmingham where ancient woodland has already been chopped down during the lockdown, but also on Phases 2a and 2b to Crewe, Manchester and Leeds where there is still time to do the right thing.