What are the most convincing (economics-based) arguments in favour of the government reversing course and investing in the full HS2 line from London to Manchester?
Assignment Question The estimated cost of the UK’s HS2 high-speed rail line, until recently planned to connect London and Manchester by 2040, has risen over £100 billion. This staggering figure, among other concerns, motivated Prime Minister Sunak’s decision to cancel the line’s northern half between Birmingham and Manchester. Economic theory, however, can provide range of … Read more