Submitted on Wednesday 13th July 2016
Published on Thursday 21st July 2016
Current status: Closed
Closed: Saturday 21st January 2017
Signatures: 27
Tagged with
England ~ EU ~ HS2 ~ Prime Minister ~ Referendum ~ remain ~ Scotland ~ Theresa May ~ UK
New Prime Minister Theresa May suspend HS2 until Brexit negotiations complete
Economic case for HS2 can't be justified until all Brexit negotiations complete & or 2nd referendum.
Under Brexit if carried out, London may no longer retain hub status. If Scotland negotiates to remain in EU, strong economic case for HS2 Phase1 connecting northern England with Edinburgh & Glasgow
Assumptions of HS2 economic projections are based on London being at focal point of connection between UK & other European countries. Logic may now not hold true.
Until full scale of Brexit negotiations are known economic case for HS2 is tenuous.
If after Brexit negotiations on UK leaving EU, Scotland negotiates to remain part of EU, perfectly conceivable Edinburgh & Glasgow could become significant economic hubs in their own right. Trade is more likely to flow via Scotland in such a scenario.
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