Linking UK Centres with High-Speed Rail

9 September 2009 - 1:00pm

Eleven major cities in the UK, including council leaders representing all three major political parties, have begun a campaign for a high-speed rail network linking them together to serve the entire country.

"The 11 cities in the campaign – Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Liverpool, Manchester, Newcastle, Nottingham and Sheffield – said: 'The campaign is deliberately focused on the importance of building a whole network to link all our major economic centres together, not simply a sterile debate about where a first route should go.'"

Source: The Guardian, September 8, 2009
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.