High Speed II (HS2) in an Initiative Essay

Open, View, and/or
Download this Document

Total Length: 627 words ( 2 double-spaced pages)

Total Sources: 2

Page 1 of 2

High Speed II (HS2) in an initiative by the British government to invest in the future of the country's rail network in order to transform its economic geography. The project is aimed at helping businesses to function more productively, bring key cities closer together, and foster the growth of employment and regeneration. Moreover, the high speed II rail initiative is for the purpose of providing alternatives to domestic aviation and developing a platform that supports long-term and sustainable prosperity and economic growth. As part of the strategy, the British government has set up the High Speed Two Limited Company (HS2 Ltd.) to consider the feasibility of the rail services between London and the West Midlands.

Problems Associated with High Speed II Strategy:

While the strategy is geared towards accomplishing several goals that will transform the rail network, there are various problems associated with the high speed II initiative. Some of these major issues of the project include

Huge Financial Risk:

One of the major problems associated with this project is the higher level of financial risks since it's believed that the total cost for the construction of this rail network will be more than the forecasted costs.

Stuck Writing Your "High Speed II (HS2) in an Initiative" Essay?

View All Our Example High Speed II (HS2) in an Initiative Essay

Have A Custom Example Essay Written

As compared to the earlier high speed I strategy, the high speed II initiative has a huge level of financial risk given that the estimated cost for the project is approximately £34 billion. The success of the HS2 strategy is dependent on estimates of demand growth, which are very high as compared with a series of past predictions for long-distance rail travel (Aizlewood & Wellings, 2011).

Commercial Viability:

The second problem associated with the HS2 strategy is that it's not commercially viable and will need substantial and rising subsidy levels. The project is likely to create demand for extra high costs and transport capacities that are funded by taxpayers. Moreover, the construction of the high speed….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"High Speed II HS2 In An Initiative" (2011, December 09) Retrieved June 4, 2026, from
https://www.aceyourpaper.com/essays/high-speed-ii-hs2-initiative-53289

Latest MLA Format (8th edition)

Copy Reference
"High Speed II HS2 In An Initiative" 09 December 2011. Web.4 June. 2026. <
https://www.aceyourpaper.com/essays/high-speed-ii-hs2-initiative-53289>

Latest Chicago Format (16th edition)

Copy Reference
"High Speed II HS2 In An Initiative", 09 December 2011, Accessed.4 June. 2026,
https://www.aceyourpaper.com/essays/high-speed-ii-hs2-initiative-53289
   

Open, View, and/or
Download this Document
order custom essay example