Big Infrastructure Projects: Before and After
HS2, the high-speed rail project designed to shorten journey times between London and the Midlands and the north of England, has attracted much opposition from those who say it does not offer value for money.
The cost of the project is currently estimated at £42.6bn.
Commentators, investors and ordinary members of the public often offer some scepticism when they hear that the government is planning to invest billions of pounds in the hope that it will generate more money back over the long-term. They are also sceptical that projects can come in on budget and on time.
But is that scepticism unfair? Of the big infrastructure investments that the government has put poured money into over the last few decades, have they proved value for money and run to plan?
Read more in the BBC News