Financing UK rail infrastructure: how does today compare with the past?

Research output: Contribution to specialist publicationArticle

Abstract

In Victorian Britain, hundreds of companies and countless private investors supported railway construction; today, such infrastructure is only financed by the government. Comparing delivery of HS2 and the Great Western Railway suggests that the historical funding model was rather more effective.
Original languageEnglish
Specialist publicationThe Economics Observatory
Publication statusPublished - 12 Mar 2024

Keywords

  • HS2
  • applied history

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