City Taxpayers and Firms to Foot Part of Pounds 44bn High Speed Link

Summary


Birmingham's employers and council tax-payers face massive bills after the Government revealed they will have to help pay for the pounds 44 billion high speed rail line.

And the Government warned that a planned new railway station near Birmingham Airport will not be built unless the airport helps pay for it.

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Extract


City Taxpayers and Firms to Foot Part of Pounds 44bn High Speed Link

Despite launching the formal consultation for controversial plans for a 225mph rail service to Birmingham, ministers are still unable to reveal how much money will come from the Treasury and how much will come from local residents and firms.

The consultation document reveals "businesses close to high spe...

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