From the Mirror:
The Channel Tunnel was sold by the Government yesterday for £2.1billion.
It would certainly be news if they had: for the government doesn\’t own the Channel Tunnel.
What they did sell was the Channel Tunnel rail link.
Interesting bit here:
The line allows speeds of 230 to 300 kilometres per hour (143 to 186 mph) and cost £5.2bn to build.
If you build something for £5.2 billion and can only sell it for £2.1 billion then doesn\’t that mean that the building of it destroyed value of £3.1 billion?
In short, that building high speed rail links is not value enhancing infrastructure but rather a way of pissing the wealth of the nation up against the wall?