UK Moves Forward With $51B High-Speed Rail Network

Law360, New York (January 10, 2012, 12:39 PM EST) -- The British government has given the green light to a £32.7 billion ($50.6 billion) high-speed rail project connecting London, Birmingham, Leeds and Manchester, making it one of the largest infrastructure investments in U.K. history, Transport Secretary Justine Greening said Tuesday.

High Speed 2 will shorten commutes between some of the country's largest cities, connecting them to smaller towns in the East Midlands and South Yorkshire. It will also provide direct access to Heathrow Airport and the European continent through the existing High Speed 1 line, according...
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