Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Road and rail building plans under review after Covid

Road and rail building plans under review after Covid | Macroeconomics: UK economy, IB Economics | Scoop.it
Post-pandemic shifts in travel habits could undermine the logic behind many infrastructure projects.
Graham Watson's insight:

I was wondering when this was going to happen - there's going to be a review of infrastructure spending in the light of the pandemic. If working habits have changed and there are going to be fewer commuters, then the economic case for road and rail projects will also have changed, and it's appropriate for there to be a rethink of the various costs and benefits associated with such schemes.

 

However, I think that this could have been announced six months ago, to be fair.

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At £307m per mile of track, can the cost of HS2 be justified? | UK news | The Guardian

At £307m per mile of track, can the cost of HS2 be justified? | UK news | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
We examine the economic arguments against the costly high-speed rail project
Graham Watson's insight:

And the case against HS2. 

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