LEP hits back at House of Lords HS2 report
The Sheffield City Region Local Enterprise Partnership (LEP) has disputed the findings of the House of Lords Economic Affairs Committee that has suggested that a convincing case for HS2 has not been made by Government.
Martin McKervey, LEP Board Member, said: “The economic case for HS2 has, in our view, been clearly made and accepted over the last five years. Local studies have demonstrated significant economic benefits arising from HS2 and as a City Region we are determined to maximise these. The benefits to Sheffield City Region of faster connections with London and other major cities are very clear.
“Across Sheffield City Region local businesses are backing our ontrack4HS2 campaign – demonstrating that they recognise the potential benefits HS2 will bring and that they are gearing up for it. You only have to look at the regeneration around Kings Cross/St Pancras to see what an impact investment in rail can make and closer to home the whole region is getting set to benefit from the new High Speed Rail College in Doncaster.
“Rebalancing the national economy requires city regions to be able to attract inward investment. Not only will HS2 attract this investment to our city region, it will also allow easier access to jobs from further afield.
“Building new rail capacity takes time so we need to begin development now, to ensure rail capacity can meet the needs of our growing population and travel requirements. We do not want to see any delay to phase 1 and we would support an acceleration of the construction programme to deliver phase 2 sooner.”
The Sheffield City Region expects HS2 to lead to thousands of new jobs in the City Region as well as greatly reducing journey times and improving connectivity.