The Government has updated its expected benefit-cost ratio (BRC) has fallen from GBP 2.50 (USD 4.00) to GBP 2.30 (USD 3.70) in benefits for every pound spent. However, BCR is expected to increase to GBP 4.50 (USD 7.20) if rail demand continues to rise until 2049, the Government added.
That fall is mainly due to a GBP 10bn (USD 16bn) rise in the scheme’s projected GBP 42.6bn (USD 68.5) cost, which was added earlier this year.
