The High-Speed Rail Group has published a letter signed by representatives of 21 businesses urging the UK Prime Minister and Chancellor to commit to Phase 2 of the HS2 project to Manchester.
The letter has been published in response to recent speculation that the second phase of the high-speed rail line, connecting Birmingham to Manchester, may be cancelled.
It refers to this speculation as “deeply alarming and destabilising to the industry” and thus calls on the government to reaffirm its commitment to delivering HS2 Phase 2.
“As you know, nothing is more important in business than certainty and confidence. That is the basis on which we invest and we grow, and the basis on which we employ people and develop their skills.
“Delivering big infrastructure properly means committing in the long term, giving certainty to the businesses building it and planning to rely on it in future. At the Autumn Statement, only 10 months ago, the Chancellor committed unequivocally to HS2 Phase 2, stating that “smart countries build on their long-term commitments rather than discard them… so today I confirm that… we will deliver… HS2 to Manchester.”
“We agree that you were right to make this long term commitment. Discarding it now will have serious implications for the UK economy... The renewed speculation over the last week has been deeply alarming and destabilising to the industry as a whole. It is a particular blow to the 30,000 people working to deliver this vital infrastructure each and every day, and the many thousands of businesses in the North West who are currently investing in the area based on HS2 reaching Manchester.”
The letter highlights the detrimental economic impact of cancelling HS2 Phase 2 and argues that the reputation of the UK as a place to invest and do business is at stake.
Additionally, it also notes that the scope of the project has already changed three times in the last three years. This has included the removal of the Eastern Leg, the removal of the Golborne Link and the deferral of other works, including the extension of the line to its Euston terminus. It argues that each of these changes increases costs and weakens the business case.
“We ask that you move urgently to quell the speculation and reaffirm your commitment to the delivery of HS2 Phase 2, from Manchester to Euston in full, to sustain the growth in widespread economic benefits this project is already delivering.”
The letter is signed by the following representatives:
The published letter can be read in full here.
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