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Showing posts with the label HS2

The Impact of HS2 Continues to Grow

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Today’s post focuses on the HS2 rail system that is being developed in the UK, with the aim of linking some its major cities together more than ever before. We have discussed the HS2 project before here in Financial Regulation Matters, with a guest post from Teny Kuti here and an earlier post here . However, whilst the title of the post suggests that the impact of the project continues to ‘grow’, it is this concept of ‘growth’ that is the focus of the post – the environmental damage of the project is continuing to develop at an alarming pace and as recent news suggests, this project will leave a lasting mark on the British environment. This will lead us to question whether there is anything that can outrank money and its creation, as the project continues to demonstrate everything that is negative about that concept. Speaking in October last year, a spokesperson for the HS2 Ltd Company, which is government-owned, stated that ‘ we’re designing a railway that will reshape the eco...

GUEST POST - High Speed Rail 2 and it’s various effects on the Country

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Today’s post is a guest post from Teny Kuti, a first-year student in Aston University’s Law School. The post discusses the various effects of the forthcoming HS2 high-speed rail link, as well as some of the potential consequences moving forward. Please follow Teny via Twitter here , and his own blog The Whole Spectrum for an interesting take on a number of different issues, ranging from politics to business. Frequently described as the most substantial rail project ever built in the UK set to open in 2026, High speed rail 2 will form a high-speed link between Birmingham and London, reducing the travel time to 49 minutes. However, the project has never been shy of controversy. Since the HS2 received Government approval in 2012, it has seen strong opposition from those who would lose their homes on the current plans and indeed, HS2 Ltd has claimed that 1,740 buildings would be destroyed by the rail line, with nearly 900 being homes. Now with the recent developments such as the C...

HS2 in the Limelight

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The final post today looks at the company behind the massive HS2 infrastructure project that will see some of the U.K.’s largest cities connected by a new high-speed railway system. We have looked fleetingly at the project before when we focused on the travails of Carillion, just one of the firms tasked with seeing this large-scale project realised. However, whilst Carillion is experiencing a period of difficulty at the moment, the HS2 Company itself has this week been thrust into the limelight because of its organisational structure, and its compensation to key individuals. So, in this post, we will look at the developing story and assess the development of this integral project. High Speed Two, or HS2, is the name given to the large-scale infrastructure project that aims to connect Britain’s largest Cities by way of modern high-speed rail links and is coordinated by the HS2 Ltd Company that is funded by grant-in-aid from the Government. The project will see eight different c...