Government Policy Flashcards

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1
Q

how does infrastructure investment maintain economic growth? (3)

A
  1. ensures an area is well connected, potentially being open for import and export
  2. business locate as people can get there to work
  3. accessible to tourists
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2
Q

give an example of the north-south divide in terms of transport infrastructure

A

65km journey by train:

  • Newcastle to Middlesbrough 90 minutes
  • Chelmsford to London 36 minutes
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3
Q

what is HS2?

A

a high-speed railway in two phases

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4
Q

what is phase one of HS2?

A

connect London to Birmingham

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5
Q

what is phase two of HS2?

A

high speed link between west coast mainline and east coast mainline

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6
Q

what are the estimates of economic growth as a result of HS2?

A

anywhere between £15 billion and £0.01 billion

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7
Q

what are the projected benefits of HS2? (4)

A
  1. increase rail capacity
  2. increase connectivity
  3. rebalance the economy
  4. enhance sustainability
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8
Q

what are the arguments against HS2? (3)

A
  1. London will get disproportionate benefits
  2. northern cities need to invest in other things such as education and housing
  3. smaller towns (Bradford) lose out to larger ones (Leeds)
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9
Q

what does the government plan to do to improve airport infrastructure?

A

build a third runway at Heathrow

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10
Q

what is a player involved in building the third runway at Heathrow

A

Universities Superannuation Scheme (USS)

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11
Q

what stake do USS have in Heathrow and what will they do with it?

A

invest into the third runway

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12
Q

how many jobs will the third runway at Heathrow provide

A

77,000

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13
Q

how much will the third runway cost?

A

£17.6 billion

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