Developing Rail in the Liverpool City Region …Supporting Growth in the Sub-Regional, Regional and National Economies
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- Appendix A
ConclusionsSuccessful economic growth will not occur without intervention. Lord Heseltine, in his Growth Review ‘No Stone Unturned’17 recognised the vital importance and capability of major infrastructure projects to improve competitiveness and drive growth. The LCR is well placed to benefit from the nation’s largest infrastructure project, HS2. The project is set to create a step change in connectivity for the cities within its reach, which in turn represents a huge opportunity for attracting inward investment. But how this mega project is delivered will be key. The recent reports of Sir David Higgins9 and the HS2 Growth Task Force12 have highlighted the need for integrated planning of regional rail networks to realise full potential of HS2 on the economy. The potential economic value of HS2 to the LCR is considerable. A recent study has estimated that on completion of HS2 Phase Two the economic value to the LCR could be around £1.2bn4. But with some modifications, such as those recently suggested by Sir David Higgins, this could be increased to around £1.4bn. The study also concluded that extension of the high speed network into the centre of Liverpool would bring further economic benefit, but further work would be needed to determine an acceptable value for money and affordability case for this option to be progressed. In this report we have highlighted that improving the capacity, connectivity and quality of the LCR’s rail network will be as essential to supporting and stimulating economic growth as HS2 itself. Furthermore, the HS2 Growth Task Force12 emphasised the important interdependence between HS2 and the existing rail network and the need for a wider review of rail services to ensure effective connectivity with HS2 and to exploit released capacity, including opportunities for growth for the rail freight industry to support the development of SUPERPORT and a network of cost-efficient and carbon-efficient supply chains. With this in mind, Merseytravel in partnership with Network Rail and the wider rail industry has embarked on developing a Long Term Rail Strategy that aims to ensure that the railway, and the economic success of the LCR, is able to grow in an unhindered fashion, and that rail travel is able to be a facilitator rather than a barrier to this growth. The economic benefits will not only be felt at a regional and sub-regional level, there will be national benefits too, such the value of an expanding freight and logistics port servicing industries across the nation. The emerging strategy, as outlined in this document, sets out an integrated package of interventions that will address the challenges facing LCR’s railways and to ensure that resources are focussed on the addressing the most pressing issues that are key to meeting the aspirations of the of the LCR’s Economic Plan. Appendix A1 This reflects the expected effects of the City Region’s land use policies designed to facilitate development around key sites. 3 ‘Policy-On’ reflects the expected effects of the City Region’s land use policies designed to facilitate development around key sites. 4 Present Value at 2010 prices over 60 years 1 Liverpool City Region Growth Plan & Strategic Economic Plan (LCR Local Enterprise Partnership (LEP), 2012) 2 City Centre Strategic Investment Framework (Liverpool Vision, 2012) 3 HS2 and benefits for LCR (Steer Davies Gleave, May 2014), commissioned by Merseytravel on behalf of the LCR 4 Merseyrail Electrics, 5 year strategy (Merseytravel) 5 LCR: Long Term Rail Strategy (Mott Macdonald, May 2014), commissioned by Merseytravel on behalf of the LCR 6 The LCR Freight Study (MDS Transmodal, February 2014) 8 HS2 Strategic Case (HS2 Ltd, October 2013) 9 HS2 Plus – A Report by Sir David Higgins, Chairman HS2 Ltd (HS2 Ltd, March 2014) 10 HS2 Project Specification (HS2 Ltd, October 2013) 11 Rebalancing Britain: Policy or Slogan? LCR Building on its Strengths (RT Hon the Lord Heseltine and Sir Terry Leahy, October 2011) 13 HS2 Economic Case (HS2 Ltd, October 2013) 14 Network Rail Merseyside Route Utilisation Strategy (RUS) (Network Rail, March 2009) 15 Network Rail Long Term Planning Process – Market Studies (Network Rail, 2013) 16 Network Rail Freight Route Utilisation Strategy (RUS) (Network Rail, March 2007) 17 No Stone Unturned in pursuit of Growth (Lord Heseltine of Thenford CH, October 2012  of
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