CBI comments on high speed rail announcement

11 Jan 2012 11:26 AM

The CBI commented on the Government’s go-ahead for a new high speed rail network.

John Cridland, CBI Director-General, said:

“The Government’s green light for high speed rail is welcome.

“Without new capacity, by the 2020s the main West coast line would be gummed up, and rail freight would be likely to be squeezed out.

“We are right to plan for the infrastructure which the next generation will need, and the biggest prize will come from phase two – the link with the North. This will help to spread the benefits of future economic growth across the country.”