The Nimby tax on Britain and America ...Middle East

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The Nimby tax on Britain and America
Receive free UK infrastructure updates We’ll send you a myFT Daily Digest email rounding up the latest UK infrastructure news every morning. If phase 1 of HS2, the high-speed rail project connecting Britain’s capital to its second-largest city, is ever finished, it will be the world’s most expensive such scheme, coming in at a cool £396mn for each mile of track.  It didn’t have to be this way. When neighbouring France opened a new 188-mile stretch of its high-speed network in 2017, it cost £46mn per mile in today’s money, just over a tenth as much, and took 12 years to deliver from the start of planning to the first passenger-carrying train, half the anticipated 2

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