Passenger forecasts for High Speed 2 are conservative and the mega-rail project continues to promise substantial economic benefits, MPs were told yesterday.
The Transport Select Committee head evidence from project promoter HS2 representatives and transport secretary Philip Hammond who dismissed suggestions that the passenger forecasts may be flawed.
Promoter HS2 chief executive Alison Munro said that the forecasts were tested and contrasted with rail passenger growth over the past 15 years and that the predicted growth was still lower. She described the organisation’s approach as “cautious”.
“It’s a forecast,” said Hammond. “But I think the assumptions that have been used… are conservative.”