Adam Hawksbee, Deputy Director, discusses the consequences for levelling up if HS2 is scrapped. He writes:
“Scrapping the whole project now would be an example of another famous characteristic of British statecraft: short term Treasury-driven decision making. For a decade, the project has suffered death by a thousand cuts — every time a route or stop is scrapped or delayed, we reduce the benefits of the line. The recent pause to work at Euston, driven entirely by the need to reprofile spending to meet the Treasury’s fiscal rules, has further increased the price tag and dented the all-important “benefit cost ratio”.
It is impossible to level up the country without improving transport links outside London and the South East. One of the biggest benefits of HS2 is that it unlocks Northern Powerhouse Rail, through new links to Manchester airport – facilitating faster and more reliable transport between dozens of struggling towns and underperforming cities.”
Read the full piece here.
'The Observer' quotes figures from Onward's 'Breaking Blue' report which breaks down the results of the 2024 election. They use the figures to make a case for what the next Tory leader need to prioritise.
'Conservative Home' mentions Onward's 'The British Entrepreneur' report. The article quotes Onward's findings that British workers are becoming “unusually risk-averse” when it comes to setting up their own business.
Onward's 'Capital Issues' report is quoted in a 'Financial Times' article on AIM markets and UK small-cap stocks.
'The Financial Times' covers Onward's 'Capital Issue' report which calls for the abolition of London's AIM markets.
A 'CityAM' article about abolishing London's AIM markets quotes Onward's 'Capital Issues' report.
'CityAM' quotes Onward's 'Capital Issues' report, which calls for the immediate abolition of London's AIM market.
