CHAMBER NEWS


The plan to keep HS2 on track is gathering steam


In reaction to the Government’s recent HS2 delay announcement, the Chamber will continue to champion HS2 as a hugely significant infrastructure project, able to bring transformational effects for East Midlands business. Transport Secretary Grant Shapps announced that the final


completion of the northern section of the high-speed rail network would likely be delayed from 2033 to 2035 at the earliest. In reaction, Scott Knowles, the Chamber’s Chief Executive, said: “The news of potential delays to HS2, specifically Phase 2b which will have the greatest effect on the East Midlands, needs to be placed in context with the bigger picture. “HS2 is a huge, transformational infrastructure project which has


the enormous potential to benefit our region, and the country, for generations to come. While we want HS2 to be operational as soon as possible, the key focus is that we get it right. “What is of greater concern is that we put to bed the ‘will


it or won’t it happen’ speculation so that we can focus on getting HS2 built – regardless of whether it comes to fruition in 2033, 2035 or later. “This is a once-in-a-generation opportunity to rebalance our


country’s economy and demonstrate both internally and to the outside world that we are a world class country in which to do business, supported by world class infrastructure. “What is certain is that when people look back on a fully-


functioning HS2 in the years to come, the core discussion will centre on the contribution it has made to this country, not the fact that completion was delayed by a few years.”


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46 business network October 2019


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