Source · Select Committees · Public Accounts Committee

Recommendation 19

19

The Department and HS2 Ltd have repeatedly promised that High Speed 2 will bring about...

Conclusion
The Department and HS2 Ltd have repeatedly promised that High Speed 2 will bring about a wide range of benefits that go beyond the increase in capacity and reduction of journey times on routes between major cities. These promised benefits include jobs, economic growth, investment and regeneration. The Department told us that High Speed 2 was not just a railway, but a “catalyst for investment, jobs and growth”, and that the strategic case for High Speed 2 depends on these promised economic benefits.49
Government Response Acknowledged
HM Government Acknowledged
4.1 The government agrees with the Committee’s recommendation. Recommendation implemented 4.2 The department wrote to the Committee in November 2021 setting out its benefits approach for the HS2 programme and stated that they are committed to maximising benefits and minimising negative impacts. This includes maximising positive outcomes; from increasing rail capacity and connectivity to reducing carbon emissions and delivering on jobs and skills, but also mitigating disbenefits including road disruption during construction. 4.3 HS2 Ltd will publish, and share with stakeholders, its first bi-annual Benefits Update. This publication will build on the data shared in the third HS2 6-monthly report to Parliament and highlight through case studies the strong work being undertaken on benefits. 4.4 HS2 Ltd has a strategy to identify, monitor and evaluate the core benefits funded and within scope of the programme and has implemented ‘Benefits Baselines’ for each of its phases, linked to the strategic and economic objectives in the relevant business cases. The department and HS2 Ltd are working towards the publication of a joint Benefits Management and Evaluation Strategy next year. In addition to the benefits directly arising from the work on the programme the department is focused on maximising wider benefits catalysed by HS2. The department is working with other government departments as their support and collaboration is needed to unlock these opportunities, via regular engagement and through appropriate governance. 4.5 HS2 offers a major opportunity to catalyse local regeneration, supporting the government’s Levelling-up agenda. A devolved approach has been taken to regeneration at HS2 station places, with local government leading and central government in support. The department is working closely with the Department for Levelling Up, Housing and Communities, to determine how central government can help local places make the most of HS2.