Media playback is unsupported on your device

Businesses 'not convinced' by HS2

27 August 2013 Last updated at 13:49 BST

A leading business lobby group has called on the government to abandon its controversial high-speed rail project.

The Institute of Directors (IoD) said a survey of its members showed businesses were unconvinced by the economic case for HS2.

The IoD's director general, Simon Walker, described the project as "one grand folly".

In response the government said the HS2 project was forecast to generate billions in economic benefits.

Joe Lynam reports.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.