
As high speed rail is being dropped in California and France, it’s time for Britain to take the hint
In June last year I predicted in these pages that the government would allow High Speed 2 to die a quiet death. Although the government has since reaffirmed its commitment to the proposed railway line, I am sticking to my prediction. Indeed, if the line is ever built I will book a ticket on the first train out of Euston and consume my hat in the dining car. How can I be so sure? Because the projected costs of the project are now so ridiculous that it cannot possibly go ahead. Even before George Osborne, in his spending review in June, added another £8 billion to the estimate cost of
