HS2 phase 2 cancellation ?

[Iben]

I haven’t heard anyone question on the news, what the loss of red diesel has added to the cost, and how much the government will get back in fuel duty alone.

More of a cash flow question. The higher fuel cost is income tax deductible, so cancel itself out. But the government gets the money a year quicker.

 

[DaveGrohl]

I haven’t heard anyone question on the news, what the loss of red diesel has added to the cost, and how much the government will get back in fuel duty alone.

That would require journalists to ask questions. Not a thing these days.

 

[glasshouse]

I haven’t heard anyone question on the news, what the loss of red diesel has added to the cost, and how much the government will get back in fuel duty alone.

Exactly

 

[glasshouse]

More of a cash flow question. The higher fuel cost is income tax deductible, so cancel itself out. But the government gets the money a year quicker.

Income tax?
What has that to do with the cost of hs2?
White deisel must have doubled the diggers costs

 

[JeepJeep]

8.32 outta Chester gets you into Euston 2hours 3 minutes on paper... No great loss

Just been chatting about this .... We have done out at Chester to Euston direct 2 hr 3 and 2 hr 13 Euston return 10min change at Crewe to Chester .... No Hardship.... I can jump a bus for free from Crewe if f**k ups into Chester.

Cost £125

Parking Oxford Sreet for 4-5 hours £45....

 

[dave78+]

I do not foresee many passengers using the new HS2 trains due to ticket prices. I really do think the whole idea will become an embarrassing flop.

 

[JeepJeep]

I do not foresee many passengers using the new HS2 trains due to ticket prices. I really do think the whole idea will become an embarrassing flop.

Do you leave the house and see anyone other than carers?

 

[BrianV]

Income tax?
What has that to do with the cost of hs2?
White deisel must have doubled the diggers costs

Not just digger costs, everything that leaves a quarry has gone up in price due to white diesel having to be used.

 

[dave78+]

Do you leave the house and see anyone other than carers?

No.

 

[JeepJeep]

No.

Fair Does.... Sorry to hear that.

 

[db9go]

I haven’t heard anyone question on the news, what the loss of red diesel has added to the cost, and how much the government will get back in fuel duty alone.

All HS2 is aloud to use RED as stated in the regs

 

[glasshouse]

Not just digger costs, everything that leaves a quarry has gone up in price due to white diesel having to be used.

I know
The govt didnt think that one through as usual

 

[BrianV]

Now it seems they are planning to sell all the properties that they paid inflated prices for, why not simply rent them out until they change their mind & at some point & join up the two parts of the line.

 

[Exfarmer]

I haven’t heard anyone question on the news, what the loss of red diesel has added to the cost, and how much the government will get back in fuel duty alone.

On that @£70 billion is VAT which gives back £14 billion straight away.
Then there is Income tax , NI from the extravagantly paid staff who are probably mainly on 40%
I would think the true cost is nearer half the quoted!

 

[Exfarmer]

All HS2 is aloud to use RED as stated in the regs

HS2 has to use White they lost Cherry in April 2021

 

[Exfarmer]

On that @£70 billion is VAT which gives back £14 billion straight away.
Then there is Income tax , NI from the extravagantly paid staff who are probably mainly on 40%
I would think the true cost is nearer half the quoted!

I forgot Aggregate and landfill taxes and I suspect there is several Billion there

 

[Clive]

I forgot Aggregate and landfill taxes and I suspect there is several Billion there

and corporation tax from any companies profiting from it

 

[Highland Mule]

Now it seems they are planning to sell all the properties that they paid inflated prices for, why not simply rent them out until they change their mind & at some point & join up the two parts of the line.

I would imagine Crichel Down rules apply

Crichel Down Rules on land ownership

Rules that apply to the sale of sites previously acquired by government departments and in defence.

www.gov.uk

 

[Clive]

Now it seems they are planning to sell all the properties that they paid inflated prices for, why not simply rent them out until they change their mind & at some point & join up the two parts of the line.

law dictates they are offered back to who they were bought from at the sane price as purchase

Crichel Down affair - Wikipedia

en.m.wikipedia.org

 

[Werzle]

Transport sec being ripped apart on bbc morning news, PM seems to have lied about the when the decision was made as a pre recorded vid statement had been made days before he said no decision had been made.