There's still calls for the start of construction to be delayed:
Ministers have been urged to halt construction of HS2 until the full extent of the damage to the UK's economy caused by coronavirus is known.
www.expressandstar.com
The problem is some of the arguments are a bit weak:
It said that forecasts on the number of intercity rail passengers were now "lower than the historical growth" seen over the past 25 years, and also said that it was "not possible to say" whether coronavirus would have a lasting impact on travel patterns that would further devalue the project.
There's two problems with the complaint about growth rate. To understand this we need to look at how rail has grown over the last 10 years:
That puts annual growth at 4.3% per year, now this compares with the latest expected growth rate of 1.9%, so yes the expected growth rate is much lower than the historical level.
However that's only partly true.
If we look at where growth should have been if it been on target (which was based on 2.5% per year) then we'd be at +28%.
Therefore if we consider that passenger use in 2009 was a base figure of 100 then the expected passenger numbers in 2019 would have been 128 when they were actually recorded at being at 153. Therefore even at 1.9% growth (and actually the last year's worth of data showed that growth was better than the two years prior to that) then that's an extra 2.9 passengers, this compares with 3.2 passengers compared to what should have been achieved with 2.5% growth.
However even that's not quite the full story, add the works which have been given the go ahead are phases 1 & 2a. Compared to the baseline these have reached 175, therefore 1.9% growth is 3.3 extra passengers.
As such the actual numbers of passengers would rise faster if they achieved the 1.9% growth rate following the actual growth seen compared to if it had just achieved 2.5% growth.
The other thing to consider is that at the opening of Phase 1, phase 1 flows needed to grow to 150 when compared to the 2009 baseline of 100. Given that they've reached 175 that means that passenger numbers could fall by 15% from the 2019 numbers and still be on target.
Now whilst it's possible that we could see rail growth fall in the short term, it's also likely that (due to working from home) there would be fewer cars as it would be harder to justify their ownership when they are being used less. Therefore there's likely to be an increase in occasional rail travel, which is likely to benefit HS2 passenger numbers.
Therefore, in addition to the economic benefit of infrastructure spending has at such times, there's a fairly good case for HS2 to be built. If there isn't them passenger numbers isn't the thing to use, when the historic growth had been so high that we could see a fairly sizable fall and still be on target for the opening of Phase 1.