Costs to business

Costs to business

In every business venture, there is bound to arises hidden costs that follow business operations. These costs are usually unexpected and can adversely affect the business. The case study carried out by the IOS investigation team concluded, that there would be major hidden costs for the High Speed rail commonly referred as the HS2. These hidden costs are likely to affect Britain’s wildlife.

The construction of the new rail is meant to reduce time spent on these routes, but this will come with other hidden costs that were initially overlooked (Pearce: 2007, 66). The total cost of the project was projected at 33 billion pounds; however, it is liable to extend beyond that. The construction is estimated to run from 2017 to 2026 for phase one. Phase two is to be completed in 2032. However, depending on the construction time, the amount estimated is bound to increase over time.

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