Tag Archives: news

The Rishi Sunak ‘released funding from cancelling Hs2’ con – part 6.

23 Friday Feb 2024

Posted by in Hs2, Politics, RAIL magazine, Rishi Sunak, Wales

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Today, the Department of Transport tweeted this ridiculous claim.

I actually feel sorry for the civil servants at the DfT. They know this is a con but their political masters are using them to push Government (read Tory) propaganda out in an election year. This is a naked abuse of what the civil service is there for, but there’s no low this Government won’t stoop to – including politicising the civil service.

Why tweet this? There’s no supporting press release or announcement of anything happening on the DfT website, or through the DfT’s normal press releases, there’s just this tweet. So why put this out now? Oh, wait. Rishi Sunak was in North Wales yesterday on his pre-election campaign ‘grand tour’. What a co-incidence!

So, what’s happening with North Wales electrification, announced as being funded by scrapping Hs2 phase 2 by Sunak last years and included in the risible ‘Network North’ not even the back of a fag packet plan?

Nothing. Zip. Bugger all. Last month RAIL magazine carried an excellent article detailing why nothing is likely to happen before 2030. You can read it here.

For a start, the £1bn is a con. There’s no HS2 money to ‘release’. It doesn’t exist. It wasn’t due to be borrowed for years yet. It sure as hell isn’t say in a pot in the Treasury labelled ‘for HS2’ that’s just waiting to be rebadged. It’s classic ‘jam tomorrow’ politics. Cancel something you *were* building that had a business case, planning permission and even spades in the ground and announce utter vapourware for sometime in the future instead.

Before a spade enters the ground in North Wales there needs to be a business case for the work. That doesn’t exist. There *was* one, but that dates from 2015 and is hopelessly out of date. That £1bn figure is assumed to be based on that now-defunct business case. Since then, construction costs have increased by roughly 7% per annum – meaning that there’d be no spare change from £1.5bn.

As you can see, the project exists on in the imagination. It’s not included in Network Rail’s future plans and budget which is known as CP7. Control Period 7 runs from April 2024 to March 2029.

The truth is, there’s not a cat in hell’s chance of ANY work planning/consultations being done before the next General Election, which could come as early as May this year. As for actual spades in the ground – don’t make me laugh…

This is nothing but a dishonest and deceitful election con by Sunak and the Tories. Don’t fall for it – or him.

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Economics 101. The difference between Capex and Opex, why you don’t spend the former on the latter – and why Rishi Sunak is perpetuating a con…

07 Sunday Jan 2024

Posted by in Economics, Hs2, Politics, Railways, Rishi Sunak

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This is a rewrite on a much earlier blog which is now out of date due to a changing financial world, but where the basic economic rules still apply. Rules that our (hopefully soon to be Ex) Prime Minister – despite his time as Chancellor of the Exchequer – seems to be unaware of. More likely? He’s gaslighting you. Let me explain…

What are Capex and Opex – and why does the difference matter?

Capital expenditure is an expense incurred to create future benefit, such as buying new assets for a business – like buildings, machinery or equipment. Doing so generates profits for the future over several tax years. Hs2 is a very good example of the principle. It will generate jobs (which generate tax revenue), kick-start regeneration in some of our major cities and make the UK a more attractive place for businesses (which generate corporation tax). Capital investment on decent infrastructure is well understood as bringing economic benefits. This BBC article sums up the situation. As capital expenditure will generate tax revenue year after year it’s not just a one off. That income stream would enable the Treasury to spend money on many different things, from the NHS to social welfare, to more modern infrastructure and even tax cuts if it so chose.

Operating expenditure covers the day to day functioning of a business, like wages, utilities, maintenance and repairs. It also covers depreciation. It’s money needed every year. It’s not a one-off – and it doesn’t generate any extra income the way Capex does.

The UK has a poor record for capital expenditure on infrastructure. It’s why so much of the countries infrastructure is old and outdated (like the railways) and why our productivity is so low.

The OECD (Organisation Economically Developed Countries) recommends that baseline infrastructure investment is 5.5% of GDP annually for an economy with aspirations to growth. We’ve only spent this amount twice since WW2. This is especially relevant now as the UK desperately needs to invest in ‘green’ infrastructure to both tackle and be resilient to Climate Change. HS2 was one of the projects that ticked all these boxes. The importance of such investment has been thrown into the spotlight by the recent storms that have closed railways and flooded large parts of the country. We need modern infrastructure designed and built to cope with them.

Now to the present. Rishi Sunak has announced he’s ‘scrapping’ HS2 and diverting the capital expenditure to operating expenditure, like filling potholes and subsidising bus fares. It’s economic madness, but it’s also a con as the ‘diverted’ money doesn’t exist. There’s no pot of money sat in the Treasury labelled ‘for HS2’ that’s waiting to be diverted elsewhere. HS2 is funded from Government borrowing and the money for the sections of HS2 Sunak has cancelled isn’t on the Governments books as it wasn’t due to be borrowed for many years yet. It’s fantasy money, as real as the stuff you play Monopoly with. Sunak knows this, but he’s taking voters for fools as he also knows most people have no understanding of either economics or Government finances.

Sadly, much of the media is helping him perpetuate the con by lazily copying and pasting his claims and not once asking any awkward questions, informing people of economic basics (like Capex and Opex) or doing any analysis of his claims.

Don’t be fooled.

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The Tories are just taking the p*ss now.

21 Thursday Dec 2023

Posted by in Hs2, Levelling up, London, Politics, Railways

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Yesterday the Government was busy on social media, spreading a message so asinine that satirists across the country were immediately put out of work. Converted to electricity, the levels of derision this poster generated could have powered the UK for a day at least. Here’s how the message appeared on Twitter (bugger off Musk, I refuse to call it X).

Network North – London?

The ridicule was savage and widespread. It soon got picked up by the national media such as the Independent, who highlighted it here.

I’ve blogged many times in the past about this whole scam (there is no money to redirect from HS2, it wasn’t due to be borrowed for years yet) but unashamedly, the Tories keep doubling down on the lie. This particular stunt appears to be a pathetic attempt to prop up the flailing campaign for London Mayor of Tory no-hoper Susan Hall, hence this awful tweet featuring Transport Minister Mark Harper, exposing the fact that ‘levelling up’ the North-South divide actually means levelling up London’s roads.

Rather then fill in any holes Harper continued to dig them for himself with these follow up tweets.

Needless to say they went down like a cup of cold sick. Many commentators pointing out the gaslighting here. ‘Network North’ now covers the whole of the UK, apparently! None of this money exists and there’s a huge elephant in the room that Harper is deliberately ignoring. It was a footnote on page 24 of the risible ‘Network North’ fantasy list.

What business cases? Fantasy projects don’t have them and never will.

Clearly, the Tories have given up any pretense of being honest or credible. They really are just taking the piss out of people. No-one with half a brain falls for this stuff. You have to wonder what they were thinking when they produced this stuff. I feel sorry for the decent people working for the Department of Transport who’re having their reputations besmirched by association with this crap.

The derision at this idiotic attempt at currying favour with London motorists whilst alienating the rest of the UK is still spreading. I can’t wait to see what stupid stunt they come up with next! It’s worth remembering that Harper and Co recently announced they were giving Transport for London just £250m of the £500m funding TfL had requested. Now suddenly there’s another £235m available for London. Anyone smell a rat?

Meanwhile, if you’re a Tory voter who lives anywhere outside London and the South-East, all I can say is – what on earth are you thinking? They’re taking the piss out of you too…

I’ve a small favour to ask…
If you enjoy reading this or any of the other blogs I’ve written, please click on an advert or two. You don’t have to buy anything you don’t want to of course – although if you did find something that tickled your fancy that would be fab! – but the revenue from them helps me to cover some of the cost of maintaining this site (which isn’t cheap and comes out of my own pocket). Remember, 99% of the pictures used in my blogs can be purchased as prints from my other website –  https://paulbigland.zenfolio.com/

Or – you can now buy me a coffee! https://ko-fi.com/paulbigland68312

The Cinderella line has a fairy Godmother!

19 Tuesday Dec 2023

Posted by in Buckinghamshire, Photography, Rail Investment, Railways

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This article originally appeared in RAIL magazine back in October 2023.

Built as a single track line by the Wycombe Railway and opened in 1879, the line between Princes Risborough and Aylesbury has always been a bit of a Cinderella line. Its only claim to fame was the fact it was the last place in the UK to run BR built Class 121 ‘bubble cars’ which were finally retired in May 2017, having been introduced to the line by Chiltern railways in 2003. However, thanks to the arrival of Phase 1 of High Speed 2, this sleepy backwater’s currently having a makeover. HS2 will pass under the existing line to the West of Aylesbury. To do so the EKFB Alliance and Network rail have closed the line from August 19th until the 30th October. The closure has allowed a culvert close to Aylesbury to be rebuilt and a new 1.8km long embankment and bridge to be constructed to replace the 1879 formation. To future-proof the line the new bridge can carry two tracks and the linespeed has been raised from 40 to 90mph. Unlike other bridges on or over HS2, this bridge has been built by sinking four 2.4m diameter piled piers to a depth of 57 meters, making them the biggest piers on HS2. Each pier took between 36-48 hours to pour.  Atop the piers sits a 100m long double-track width steel bridge which was built in 30m sections in the North-East before being transported South and assembled on site. To complete the work Network Rail has used 3000 sleepers and 14,000 tonnes of fresh ballast on the new alignment. A high-output track laying machine installed the rails over a single weekend. 

When I visited on September 25th 2023 Colas Rail had begun tamping the new track ready for the lines reopening. Once tamping is complete 200 tonnes of check-rails will be installed on the bridge to mitigate against the chance of any possible derailment on the bridge affecting HS2 services.  Meanwhile EKFB had begun excavating the clay underneath the bridge to form the HS2 cutting which is exposing the top 8 meters of the piers. This bridge is unique amongst HS2 bridges in that it was constructed at ground level and then the ground’s being dug out from underneath it.

The new bridge on the Aylesbury-Princes Risborough line with excavators beginning to dig out the route of HS2. This view’s looking South towards London
Beginning to excavate around the bridge piers.
The first few meters of a pier’s exposed.

The excavation work’s being done in stages from the North to the South due to the proximity of the old railway formation which still carries fibre-optic signalling cables and has the disconnected track still in situ which will be recovered at a later date. On the South of the old formation EKFB are building the piers and deck of a road bridge over HS2 as passive provision for the South-East Aylesbury Link Road (SEALR) whilst another road bridge over HS2’s being built further to the North-West as part of another link road scheme. 

The new bridge with track in situ looking towards Aylesbury.
Check rails waiting to be installed on the bridge after the line’s been tamped and levelled.
In the foreground is the old railway line. Behind it in the light coloured troughing are the signalling cables which have been lifted and protected whilst work goes on.
Looking South from the new railway bridge along the trace of HS2 towards London.
The Colas tamper waits to begin work. In the foreground is one of the new culverts which improve drainage on the Aylesbury-Princes Risborough line.
This photo gives a better impression of the length of the new bridge over HS2.

Future work to the line will see the half-barrier level crossing at Marsh Lane near Little Kimble upgraded and replaced with full-width barriers (which will allow linespeed improvements) and resignalling.

I’ve a small favour to ask…
If you enjoy reading this or any of the other blogs I’ve written, please click on an advert or two. You don’t have to buy anything you don’t want to of course – although if you did find something that tickled your fancy that would be fab! – but the revenue from them helps me to cover some of the cost of maintaining this site (which isn’t cheap and comes out of my own pocket). Remember, 99% of the pictures used in my blogs can be purchased as prints from my other website –  https://paulbigland.zenfolio.com/

Or – you can now buy me a coffee! https://ko-fi.com/paulbigland68312