HM Treasury

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09/11

27 January 2011

Chancellor announces 8,000 more West Midlands jobs could be created by high speed rail line

30,000 jobs could be created if the construction of a new high speed rail line from London to Birmingham goes ahead, Chancellor of the Exchequer, George Osborne, said today. More than 8,000 of these jobs are forecast for the West Midlands, with 4,500 of those at the planned new station site in Birmingham, which the Chancellor visited today.

Early findings from research by High Speed Two Ltd show that new job opportunities would be created by regeneration and construction of new stations along the line of the proposed route.  This would be in addition to the 10,000 jobs which are expected to be created directly from the construction of the line itself.

Visiting the site of the planned new Curzon Street station in Birmingham, the Chancellor said :

“These new jobs would provide work opportunities to thousands of people in Birmingham and the rest of the West Midlands. Returning the UK to sustainable economic growth is the Government’s overriding priority.  By working closely with business and investing in infrastructure projects such as High Speed 2 we can provide the certainty and stability that businesses need to grow and invest in the UK.”

Notes for editors

1. The forecast of 30,000 jobs was made by HS2 Ltd  (the body developing High Speed Rail proposals) as part of their assessment of potential regeneration of employment. This will be published in February 2011.

2. It has already been announced that 10,000 jobs would be created directly from the construction of the high speed line itself.

3. The Government’s proposed high speed rail network between London and the West Midlands would:

4. A public consultation on the potential route of the high speed line will be launched in February 2011.

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