Railways: Cost Effectiveness

(asked on 24th June 2016) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what the cost benefit ratio was of the business case for (a) Crossrail, (b) High Speed 2 and (c) the Todmorden Curves.


Answered by
 Portrait
Claire Perry
This question was answered on 4th July 2016

The latest central case estimate of the benefit cost ratio for the full HS2 Y-network, dating from November 2015 is 2.2. Excluding wider economic impacts (WEIs) it is 1.8.

The benefit cost ratio for Crossrail was assessed in July 2011 and was estimated at 3.09. Excluding wider economic impacts the benefit cost ratio was estimated to be 1.97.

The Todmorden curve was a locally promoted scheme that received funding through the Regional Growth Fund, the Department does not hold the information requested on this scheme.

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