It is all very well reviewing the capital costs – surely they are should be reasonably certain by now???

Were the following adequately and honestly reviewed?

• The dreamt up forecasts of passenger numbers and cash flows from fares.
• The spurious ‘value’ of intangibles
• The persistent notion that having people hurtling to and from London will benefit the north

Properly appraised rail investment can deliver –  from an economic and environmental perspective.   Was HS2 honestly appraised?