Comment on Universal theme park for Bedfordshire confirmed by Starmer
TheGrandNagus@lemmy.world 4 weeks ago
Good. A massive investment, and not requiring a load of public subsidy like seemingly everything else.
Nice to see stuff slowly start actually being built.
omcgo@lemmy.world 4 weeks ago
Things like this get built off the back of investment.
HS1, HS2, and the Oxford - > Cambridge line all massively contribute to the reason this is getting built.
We must first invest public-ally then the private money follows. Crossrail cost £18.8 billion but the wider economic benefits it brings to London and the UK, are estimated at £42 billion.
TheGrandNagus@lemmy.world 4 weeks ago
Well yeah, but if you go by that, literally everything is from public investment and subsidy.
ohulancutash@feddit.uk 4 weeks ago
Just a minor correction here, HS1 was not built with public funds. Indeed Thatcher wrote into the Channel Tunnel Act 1987 a clause making it illegal for any public subsidy to reach the tunnel or its connecting line. As a consequence, St Pancras is the only privately owned railway station on the national network.