High-speed train plan hits buffers
Published Date:
28 March 2008
By ALASTAIR DALTON
PROSPECTS of high-speed, magnetic levitation trains coming to Britain appear to have receded, after Germany cancelled a project because of rocketing costs.
Maglev technology, where trains glide over magnets at up to 360mph, has been trumpeted as an option for a new Scotland-London line.
George Osborne, the shadow chancellor, and Moir Lockhead, the chief executive of Aberdeen-based FirstGroup, which runs First ScotRail, are among supporters of the technology.
However, the German government yesterday abandoned plans for its first maglev line – and the first outside Asia. It came after the cost of the 25-mile link between Munich and its airport nearly doubled from £1.5 billion to £2.8 billion.
Wolfgang Tiefensee, the transport minister, said: "It is not possible to finance the project."
The decision follows plans for such trains in Germany being stalled for years.
The full article contains 146 words and appears in The Scotsman newspaper.
-
Last Updated:
27 March 2008 10:12 PM
-
Source:
The Scotsman
-
Location:
Edinburgh
-
Related Topics:
The railways