purdy Posted January 10, 2012 Share Posted January 10, 2012 It will benefit the economy (when it is complete) by moving people & goods around the country faster and at a lower cost than is currently possible (if you ignore the building costs). This means that people as far away as Sheffield, Leeds & Manchester will be able to commute to London for work & people from a wider area will be able to work in Sheffield too. Sheffield businesses will be able to serve a wider area & will be able to set up better links with London & other UK cities. We have a lot to gain from improving transport & communication links. I think the theory is that benefits start to accrue long before the rail system is operating. Firstlly thousands of jobs are created building the lines and producing the raw materials. Secondly businesses are encouraged to set up in anticipation of the high speed links. Thirdly the money being spent by the folks involed in 1&2 filters through to boost the remaining economy. Link to comment Share on other sites More sharing options...
spooky3 Posted January 10, 2012 Share Posted January 10, 2012 Who will be providing the new trains? Who is getting the contracts? Due to the changing dependency on petro chemicals, would it be wiser to build a maglev network, which is faster, more economical and future proof? (note that that's 2006) http://en.wikipedia.org/wiki/Maglev Link to comment Share on other sites More sharing options...
anywebsite Posted January 10, 2012 Share Posted January 10, 2012 I think the theory is that benefits start to accrue long before the rail system is operating. Firstlly thousands of jobs are created building the lines and producing the raw materials. Secondly businesses are encouraged to set up in anticipation of the high speed links. Thirdly the money being spent by the folks involed in 1&2 filters through to boost the remaining economy. Obviously... that was mentioned in the post I quoted & was responding to, they just asked how else it'd benefit the economy. Link to comment Share on other sites More sharing options...
anywebsite Posted January 10, 2012 Share Posted January 10, 2012 So the prices in the shops will be reduced then? Yeah right. And the part about commuting, I don't think the journey time will be reduced that much and besides, who is going to pay for a ticket anyway since the ticket prices will be so prohibitive? It may be an exception for season ticket packages on expenses from the employer, but they will surely then attempt to recoup the cost by increasing the cost of good and sevices. What happens to area of the UK, the larger part, not covered by high speed rail links? It'll reduce the costs & increase the benefits of doing business & open up new possibilities for people, like being able to commute from Sheffield to London daily. It currently takes around 2 hours to get to London from Sheffield by train, on the fastest train, 3 hours on other trains. When this is complete it should take about an hour. That's a dramatic reduction in journey times. It means you could live in Sheffield & work in central London. They will have to price it at a level where some people can afford to buy tickets. No point in running empty trains. Hopefully the rest of the UK will get HSR links, they're talking about linking up most of the big English cities, maybe it'll be extended further north & into Scotland if it's successful, it has to start somewhere. Link to comment Share on other sites More sharing options...
Leah-Lacie Posted January 10, 2012 Share Posted January 10, 2012 It means you could live in Sheffield & work in central London. They will have to price it at a level where some people can afford to buy tickets. That being the main thing, for me - it would have to be a mega good job in London to warrant paying £80 for a ticket Link to comment Share on other sites More sharing options...
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