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.
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omcgo@lemmy.world 1 week agoThings 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.
ohulancutash@feddit.uk 5 days ago
TheGrandNagus@lemmy.world 5 days ago
Well yeah, but if you go by that, literally everything is from public investment and subsidy.