MPs of the Commons Public Accounts Committee (PAC) have found the government has yet to set out a convincing case for the High Speed Two (HS2) rail project.
The committee, which is chaired by Margaret Hodge, criticised the £42.6bn price tag of the scheme and insisted there was no evidence suggesting it would boost regional economies.
Hodge said: “The evidence that we looked at suggested that when you improve the link between a capital and provincial cities what actually happens is you draw economic activity down to the capital. You don’t stimulate activity in the cities.”
In addition to “sucking” activity back into London, it accused...