CPA Weekly Notes - 6th October 📝
CPA Response To Government Cancellation of HS2 The CPA Chief Executive responds to the Prime Minister's announcement of scrapping the Northern-leg of HS2 from Birmingham to Manchester. Peter Caplehorn said: “The Prime Minister’s announcement today on scrapping the rest of the HS2 project is extremely disappointing and frustrating. With this decision, jobs, investments, and resources amongst UK manufacturers and construction businesses large and small will go to waste. Following so soon after the chopping and changing of net zero policies this will only serve to further undermine the decreasing confidence that industry has for this government. The Prime Minister’s suggestion that £36 billion will be redirected into transport projects across the North and Midlands implies that it is a case of either one or the other; however, the country clearly needs major investment in local, regional and national infrastructure all together as was done during HS1 and Crossrail." Read the full statement here.
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