December 6 2013 Latest news:
By staff reporter
Saturday, October 19, 2013
Parts of Norfolk, Suffolk and Cambridgeshire could see their economies hit to the tune of tens of millions of pounds if the controversial High-Speed Two rail line goes ahead, new figures reveal.
Suffolk as a whole could see its annual output fall by as much as almost £78million.
Local areas set to lose out, according to figures released following a freedom of information request, are:
■ Suffolk main - £4.67m-£14.90m
■ West Suffolk - £39.39m-£62.82m.
■ Cambridge city and south - £40.24m-126.89m
■ East Cambs - £14.87m-£28.84m
■ North and west Cambs - £24.78m-£79.32m
■ East Norfolk - £133.34m-£164.47m
■ West Norfolk - £55.65m-£65.02m
■ Peterborough - £34.08m-£65.63m
Cities across the UK could lose up to £220 million each as a result of HS2, according to previously unseen research.
The more than 50 areas which will be worse off across the UK were omitted from the government-commissioned report when it was published in September.
The full findings of the study into the business case of the high speed rail route were released following a freedom of information request by BBC Two’s Newsnight programme.
In September the Department for Transport hailed the study - which found the UK economy would be boosted by £15bn a year - and listed the areas which would benefit, including Greater London by £2.8bn and the West Midlands by £1.5bn.
But the areas that would lose out have now been revealed, with those worst affected by a drop in economic output including Aberdeen by £220m, Cambridge by £127m, Bristol by £101m, and Essex south by £151m.