The cancellation of the northern leg of HS2 has raised “urgent unanswered questions” and the government does not yet understand how the £67bn high-speed railway will now function, according to a scathing report from parliament’s spending watchdog. The remaining London-Birmingham line will be “very poor value for money”, the public accounts committee of MPs said, with costs now forecast to significantly outweigh the benefits. – Guardian
The speed with which the CBI dispensed with former boss Tony Danker was in sharp contrast to the way it dealt with historic claims of sexual misconduct..