Steer, the rebadged consultancy have produced a report for HS1 quantifying the benefits of the route both internationally and domestically. They also cite the capacity for expansion both domestic and international.
Dyan Crowther, the Chief Executive of High Speed set the scene as follows:
https://highspeed1.co.uk/media/vemk...ond-the-economic-impact-of-hs1-march-2020.pdf
https://www.railwaygazette.com/in-d...ng-the-economic-benefits-of-hs1/56642.article
In domestic terms how would you expand the network? Can St Pancras cope with additional services or are we thinking of longer trains. Could/should Hastings be finally drawn in fully as part of the London catchment?
In international terms – what is the lowest hanging fruit? Is it worth even suggesting revisiting an HS1 HS2 link before all the surplus capacity is mopped up by more services to Brussels and Amsterdam or new destinations such as Bordeaux, Düsseldorf, Köln, Frankfurt and Genève?
Dyan Crowther, the Chief Executive of High Speed set the scene as follows:
https://highspeed1.co.uk/media/vemk...ond-the-economic-impact-of-hs1-march-2020.pdf
HS1 has changed the lives of hundreds of thousands of people. This report details who these people are and how they have benefited. In terms of the ‘how’, HS1 delivers in three clear areas - for our economy, for our society and for our environment. For the economy, the route produces a staggering £427m of economic benefits every year. Cumulatively since opening this amounts to £4.5bn. In part this has been achieved from productivity gains thanks to faster journeys, but also through new jobs created by the businesses that have set themselves up on the route because of the diverse and skilled international workforce now at their fingertips. For the wider society and the communities we serve, HS1 has brought affordable housing within the reach of tens of thousands of young couples and families. Indeed, it has made the aspiration of owning a home with a garden a reality for many. For our environment, the shorter journey times permitted by HS1 has made near-Europe short-haul flights even less attractive. This has driven a switch from one of the most environmentally harmful forms of transport to one of the most environmentally friendly. We have reduced CO2 emissions by the equivalent of 60,000 short-haul flights every year. We have only achieved these benefits with our partners: HM Government, Southeastern and Eurostar. But as much as looking back, this study is an invitation to look forward… We have capacity on our tracks and with our partners, we can deliver more of the benefits outlined here.
https://www.railwaygazette.com/in-d...ng-the-economic-benefits-of-hs1/56642.article
This report prepared for HS1 Ltd by consultancy Steer analyses the socio-economic benefits of the 106 km line that opened fully between London and the Channel Tunnel in 2007. The key finding in Delivering for Britain and Beyond — The Economic Impact of HS1 was that HS1 generates economic benefits worth £427m a year, racking up a total of more than £4∙5bn since the line opened.
In domestic terms how would you expand the network? Can St Pancras cope with additional services or are we thinking of longer trains. Could/should Hastings be finally drawn in fully as part of the London catchment?
In international terms – what is the lowest hanging fruit? Is it worth even suggesting revisiting an HS1 HS2 link before all the surplus capacity is mopped up by more services to Brussels and Amsterdam or new destinations such as Bordeaux, Düsseldorf, Köln, Frankfurt and Genève?
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