is there really a political will, a dynamic, in Britain to act radically to increase railway capacity?
We do lack – and you can either describe it as arrogance or courage and they are often quite closely related – an ability to make really big, bold, decisions. Now if you dont want a project to happen you write the investment appraisal to stop it happening. If you want the project to happen you do the investment appraisal to make it happen. Some say we often shoot the messengers. Its very interesting to notice that every major investment project in this country has had a high level political champion. It was Marples with the motorways, Barbara Castle with the Victoria line and Heseltine with the CTRL. You cant sort large scale projects unless youve got this high level political buy in and popular support. You cant expect a bunch of economists to design a high speed rail link for you. Undoubtedly the public view of railways has changed over the last five years. Commuters may grumble about price and reliability but the industry itself has hit back costing out the services run and making s
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