Why we need to cancel HS2 now. HS3 is a better bet

Ease of transport is a great driver of economies, says Merryn Somerset Webb. And if we want to get the north going again, we need better rail links.

BBC Breakfast TV just called asking me to come on in the morning. I used to love going on BBC Breakfast. It was good PR for the magazine, it got me up and out early in the day, it usually forced me to think properly about an important issue and finally, I am one of the few people around who actually really likes going on live TV. All good. Not any more.

This time I said no. Why? Because I don't live in London any more and nor does BBC Breakfast. I'm in Edinburgh and it is in Salford. And do you know how long it takes to get from Edinburgh to Salford?

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Merryn Somerset Webb
Former editor in chief, MoneyWeek