HS2 in Hansard 21/07/2014

High Speed 2 Railway Line

Frank Dobson: To ask the Secretary of State for
Transport how much of the estimated income included
in the business case for phase 1 of High Speed 2 comes
from Birmingham to London commuters. [205819]

Mr Goodwill: The Economic Case for HS2 published
in October 2013—which can be found at:

http://assets.hs2.org.uk/sites/default/files/inserts/S%26A%201_Economic%20case_0.pdf

estimates that in 2036 and thereafter, 3.6% of the revenue
generated by Phase 1 of HS2 originates from commuters
travelling between the West Midlands and London.

Mr Nigel Evans: To ask the Secretary of State for
Transport what estimate he has made of the net economic
effect of High Speed 2 for the North-West.

Mr Goodwill: Investment in HS2 will deliver widespread
connectivity improvements, grow markets and increase
opportunities to trade.
The Economic Case for HS2 published in October
2013 estimates that 17% of the transport user benefits
of the HS2Y-Network are generated fromtrips originating
in the NorthWest. This equates to benefits of approximately
£342 million (PV, 2011 prices) in 2036. Further analysis
by KPMG suggests the wider economic effects could be
far greater.

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