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HS2 will deliver 50,000 jobs to the West Midlands

6 September 2013  •  Author: Centro

HS2 will deliver 50,000 jobs to the West Midlands and growth of £4bn per year in the region’s economic output, new research has revealed.

Figures show that the benefits of connecting Birmingham with London are more than doubled when the West Midlands is also linked with the East Midlands, North West and Yorkshire via high speed rail.

The economic research details for the first time the regional benefits of the full HS2 ‘Y’ route which puts the West Midlands at the heart of a network connecting eight major cities.

Sir Albert Bore, Leader of Birmingham City Council, said: “This is about connecting our regions and providing fast, direct links delivering jobs and economic growth. This is a tremendous opportunity for our region to build the transport network we need and secure more than 50,000 jobs.”

Sir Albert is a member of the HS2 Growth Taskforce, led by former London Olympics chief Lord Deighton, which met in Birmingham for the first time today (Sept 6) to discuss job creation, regeneration and development around high speed rail with business leaders.

Geoff Inskip, chief executive of regional transport authority Centro, said: “We’ve always said HS2 is about driving the West Midlands economy and this research proves the point.”

“We’re right at the heart of the network and our challenge is to make the most of HS2 and deliver these jobs and benefits using capacity released on our existing lines and developing new rapid transit links to our high speed stations.”

Jerry Blackett, CEO, Birmingham Chamber of Commerce said: “HS2 has the potential to transform the region economically. In the short-term, the stimulus created by its construction will be an enormous boost. In the longer-term, the region becomes a much more viable prospect for potential investment, and we could see a massive benefit from migration further north.”

“The project also tackles a potential capacity crisis in the coming decades, which, if left alone, could have a debilitating effect on the business community,” he added.

The Office of Rail Regulation reported last month that the West Midlands has seen an increase in rail passenger journeys of 14 per cent in the last year.

Coventry and Birmingham are in the top four UK cities for rail growth.

Phase One of HS2, connecting London with Birmingham, will tackle demand and congestion on the southern section of the West Coast Main Line – the busiest railway in Europe.

2 responses to “HS2 will deliver 50,000 jobs to the West Midlands”

  1. MikeyB says:

    I hope that Sir Albert and Geoff Inskip will put some pressure on both the DfT and Network Rail to maintain a programme of infrastructure enhancements to the “classic” rail network. It will, no doubt, be excellent to able to travel from Birmingham to London, Leeds or Manchester via HS2 in around 30 minutes but without upgrades to other lines serving the West Midlands, services to such places as Shrewsbury, Liverpool, Leicester and Bristol will see little improvements.

  2. MikeyB says:

    We can only hope that both Sir Albert and Geoff Inskip will be putting pressure upon the DfT and Network Rail to also upgrade the classic rail lines serving the West Midlands. It is all very well being able to travel from Birmingham to Manchester or Leeds in around, say, 30 minutes via HS2 but, unless additional money is spent on infrastructure enhancements to existing lines, services to such places as Liverpool, Shrewsbury, Leicester and Bristol will not see any real improvements.

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