Business passengers may make up a minority of the total number of passengers carried, but the HS2 economic case puts such a high value on their time in the BCR calculations that the user benefits attributed to business users are twice the benefits attributed to commuter and leisure users combined, and three times the Wider economic impacts.
FULL HS2 NETWORK
Transport user benefits: Business 40.5 Bn
Transport user benefits: Commuter/Leisure 19.3 Bn
Wider economic impacts: 13.3 Bn
Other: -2.1 Bn
TOTAL: 71.0 Bn
[Taken from: Table 23: Transport user benefits by journey purpose, and Table 20: Estimated benefits of HS2
https://publications.parliament.uk/pa/ld201415/ldselect/ldeconaf/134/13412.htm]
The total benefit of HS2 full network was calculated at £71Bn, of which well over half was the value of time saved by business travellers.
You may or may not agree that business travellers should be given such prominence in the calculations, but without them the case for HS2 fails. And since most long distance business travellers currently on MML will divert to HS2, I can't see how the economic case for further electrification will succeed.