BCC: High-speed rail is a long-term investment - Lincolnshire Chamber of Commerce and Industry, UK

The Government’s plans for high-speed rail have been announced today by Lord Adonis, the Transport Secretary. Commenting, David Frost, Director General of the British Chambers of Commerce (BCC), said:

“Continued investment in Britain's transport infrastructure will underpin economic growth, support business in driving recovery and create jobs. That is why the BCC supports a comprehensive high-speed rail network that provides vital extra capacity and helps British companies compete on a global scale.

"With the public finances in such a poor state, the budget for this important project needs to be carefully considered. High-speed rail is a long-term investment but it cannot be built at the expense of the current rail network. There must now be a binding, cross-party political consensus to ensure that both HSR and upgrades to the existing rail system proceed over the next two decades.”