High Speed Rail Strategic Business Case
October 2009
Contents
2. Investment Case
2.1 Purpose
2.2 Strategic Vision
2.3 Strategic Context
2.4 Economic Context
2.5 Objectives
2.6 Potential options
    2.7 Assessment of benefits
    2.7.1 International comparison of HSR in other
  countries
  2.7.2 Potential economic welfare benefits
  2.7.3 Potential wider economic benefits
  2.7.4 Potential impacts on business and
  development
  2.7.5 Potential impacts on investment
  2.7.6 Potential impact on tourism
  2.7.7 Environmental impact
  2.8 Development of SMART Transport Planning
  Objectives
  2.9 Performance of potential options against
  objectives
  2.10 Potential alignments for the high speed
  line
  2.10.1 Alignment 1 — Glasgow-London via
  Edinburgh
  2.10.2 Alignment 2 — Dual line
  network
  2.10.3 Alignment 3 — Central spine
  network
  2.10.4 Preferred alignment
  2.10.5 Heathrow airport
  2.10.6 Integration with the Scottish rail
  network
  2.10.7 Channel tunnel rail link
3. Commercial, Financial and Management
  Case
  3.1 Commercial Case
  3.2 Financial Case
  3.3 Management Case
List of Figures
  Figure
  1 - Rail market share and rail journey time
  Figure 2 -
  Reverse S and Reverse E alignments
  Figure 3 -
  H alignment
  Figure 4 -
  Y alignment
List of Tables
  Table
  1 - Overview of the Edinburgh, Glasgow, Scottish, and UK
  economies
  Table 2 -
  Sectoral breakdown of SDI-assisted inward investment in
  Scotland
  Table 3 -
  Scottish exports by destination
  Table 4 -
  Sectoral analysis of Scottish exports to the rest of the
  UK
  Table 5 -
  Journey times from the central belt to London of different
  options
  Table 6 -
  Forecast Rail Passenger Demand Increases on UK
  Network
  Table 7 -
  Change in Rail Market Share across key European
  Routes
  Table 8  - Potential welfare benefits to Scotland of reduced journey
  times between the Central Belt and London (£m, 2002
  prices)
  Table 9 -
  Wider business benefits
  Table 10 -
  Potential annual reduction in cross-border travel
  emissions 
  Table 11 -
  Final potential annual reduction in emissions of Scottish
  CO2
  Table 12 -
  Additional annual savings in CO2
  Table 13 -
  Contribution to Scottish Government climate change
  targets
  Table 14 -
  Journey times and rail market share for the different
  options
Version History
Version Number  | 
    Description  | 
    Author(s)  | 
    Date  | 
  
|---|---|---|---|
1.0  | 
    Draft SBC  | 
    Transport Scotland Transport Economics Analysis and Research  | 
    18/09  | 
  
1.1  | 
    Updated Draft SBC  | 
    Transport Scotland Transport Economics Analysis and Research  | 
    22/10  |