BusinessPostCorner.com
No Result
View All Result
Monday, June 30, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Rishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisions

October 4, 2023
in Finance
Reading Time: 4 mins read
A A
0
Rishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisions
ShareShareShareShareShare

Rishi Sunak axed the northern leg of the HS2 high-speed rail line to Manchester, promised sweeping education reforms and announced a smoking crackdown as he told the Conservative party conference he would take “radical” decisions to change Britain.

The prime minister argued that £36bn could be saved by scrapping HS2 north of Birmingham, and that the money would be recycled into better-value road, rail and bus projects, including links between northern cities.

In his speech to the conference in Manchester, Sunak also promised big reforms to education for 16 to 19-year-olds, with the introduction of an “advanced British standard” in England that would merge A-levels and the more vocational T-levels into a single qualification.

He said the new qualification would be more rigorous, with students typically studying five subjects rather than three, as is normal for A-levels, and spending more time in the classroom. The prime minister added that education would in future be his top spending priority.

But the National Education Union attacked Sunak’s plans as “completely out of touch with reality”.

Daniel Kebede, the union’s general secretary, said the country already required 4,300 more mathematics teachers and 2,600 English teachers to meet current needs. “Post-16 curriculum reform is worthy of debate, but simply increasing the number of hours taught would require an additional 5,300 teachers,” he said.

Sunak also announced that the legal age for smoking would be raised by one year, every year, so that a 14-year-old today would never legally be sold a cigarette. New restrictions on the sale of vapes would also be introduced.

“Our mission is to fundamentally change our country,” he said. “Where a consensus is false we will challenge it,” he added, citing his recent decision to water down Britain’s net zero targets.

Rishi Sunak’s conference speech: five key takeaways

  • Lifting the legal age for smoking by one year, every year, so that no 14-year-old would ever be able to buy cigarettes legally

Sunak’s heavily trailed decision to axe the second phase of HS2 during his keynote speech in Manchester, which will now not have a high-speed link with Birmingham, has dominated the four-day event.

The manufacturing group MakeUK slammed what it described as the prime minister’s “hugely disappointing message about our commitment to completing major infrastructure projects in the UK”. It added: “The signal that this sends to potential investors could not be clearer.”

But West Midlands mayor Andy Street, who had previously indicated he was considering resigning from the Conservative party over the issue, said he would not do so, despite describing himself as “very disappointed” over the HS2 decision.

Sunak said the government’s new priority was to develop better east-west links across the Pennines between northern cities. He said the business case for HS2 had changed, including because of the reduction in post-Covid business travel.

“We will reinvest every single penny, £36bn, in hundreds of new transport projects across the north, Midlands and the rest of the country,” he said to cheers from party representatives.

Sunak announced an “ambitious” new “Network North” rail project, including a fully electrified line that incorporated a new station at Bradford, along with a tram system in Leeds and a host of new road schemes. He said HS2 trains would run north to Manchester from Birmingham along existing, slower rail lines.

Sunak also confirmed HS2 would be built from Birmingham to Euston in central London, rather than stopping at a new station at Old Oak Common. He announced new management for the troubled London leg of the project.

The PM said the HS2 decision proved he was willing to break with a “30-year-old status quo” in British politics, encompassing the post-Thatcher era, which had been dominated by “vested interests”. The Conservatives have been in power for 17 of those 30 years.

Sunak has appeared to relish the fight with four former prime ministers — Gordon Brown, David Cameron, Theresa May and Boris Johnson — over HS2, along with business leaders and regional mayors.

“We are going to keep making big decisions, pick fights and see what Labour does,” said one senior cabinet minister. Labour claims Sunak is taking erratic decisions, eroding business confidence in Britain.

Sunak’s 65-minute address saw him present himself as a “change candidate” at the next election, even though his party has now been in power for 13 years. He argued that Britain would not have to turn to Labour to secure a change of direction.

With opinion polls typically putting the Tories 15 to 20 points behind Labour, Sunak’s speech marked an attempt by the PM to change the political agenda and force Labour to come up with its own policy responses.

Recommended

Sunak said he would “deliver” tax cuts in recognition of calls from Tory MPs in Manchester for an immediate reduction in the tax burden, but warned that inflation had to be brought under control first.

He also delighted Tory activists by claiming Britain had recovered faster from the Covid pandemic than France and Germany — according to recently revised official figures — “not in spite of Brexit but because of Brexit”.

On NHS doctors’ strikes, Sunak took a tough stance, claiming medics wanted “massive, unaffordable” pay rises and saying the dispute was “about politics, not patients”.

Sunak also picked up what has become an almost obligatory theme of platform speeches at the Tory conference, an attack on allegedly “woke” attitudes on transgender issues. “A man is a man and a woman is a woman and that’s just common sense,” he said to rapturous applause.

In a personal closing section, he said: “I’m proud to be Britain’s first Asian prime minister but I’m even prouder that it’s not a big deal.” Sunak added: “It’s time for a change — and we are it.”

Video: Why the UK has a problem with maths | FT Film

Credit: Source link

ShareTweetSendPinShare
Previous Post

Is It Too Late to Buy Polygon? MATIC Price Shoots Up 11% and This Lesser Known Crypto May Be Next to Explode

Next Post

Need to mail a package via USPS, UPS or FedEx? Now Uber will do it for you

Next Post
Need to mail a package via USPS, UPS or FedEx? Now Uber will do it for you

Need to mail a package via USPS, UPS or FedEx? Now Uber will do it for you

Treasury close to deal that would make ‘revenge tax’ irrelevant

Treasury close to deal that would make ‘revenge tax’ irrelevant

June 26, 2025
S&P 500 hits new high. Here’s how much European and Chinese stocks raced ahead

S&P 500 hits new high. Here’s how much European and Chinese stocks raced ahead

June 27, 2025
Stock market today: S&P 500, Nasdaq eye fresh highs as futures rise

Stock market today: S&P 500, Nasdaq eye fresh highs as futures rise

June 30, 2025
Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank

Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank

June 26, 2025
PCAOB permanently bars repeat offender

PCAOB permanently bars repeat offender

June 24, 2025
Video games cost a whole day’s wages say fans, as prices rise

Video games cost a whole day’s wages say fans, as prices rise

June 28, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

BNB Chain Maxwell Upgrade Goes Live Today, Slashes Block Times to 0.75 Seconds

BNB Chain Maxwell Upgrade Goes Live Today, Slashes Block Times to 0.75 Seconds

June 30, 2025
UK disposable income falls at fastest rate since 2023

UK disposable income falls at fastest rate since 2023

June 30, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!