CBI among industry groups to sign open letter amid concerns over project’s future
Business leaders are calling on the next prime minister to commit to completing HS2, adding that if they do not they risk blocking future investment in the north.
In an open letter, more than 20 figures from industry and commerce have called for the next Tory leader to back the project in full.
It comes amid speculation that the next prime minister – with Jeremy Hunt and Boris Johnson now the final two MPs vying for the position – could decide to axe the second phase of the project due to concerns over spiralling costs.
Johnson is reported to have asked a former boss of the £56bn scheme to carry out a review if he is made prime minister, while Hunt has said HS2 is “absolutely vital” and he would not scrap the project in its entirety.
Signatures of the letter include the Confederation of British Industry, the Institute of Directors, the British Chambers of Commerce, the Federation of Small Businesses and London First, the BBC reports.
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