HS2 costs could hit £66bn, progress report says
3 weeks, 1 day ago

HS2 costs could hit £66bn, progress report says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The cost of building HS2 could hit £66 billion, according to a progress report published by the Department for Transport. HS2 Ltd estimated the cost of the high-speed rail project would be £54 to £66 billion when the company updated its board in June, the report says. Transport Secretary Heidi Alexander said the latest cost estimate does not take into account “reset work” the Government has commissioned since July. “The Transport Secretary has asked HS2 to urgently provide updated and clearer estimates of the project as soon as possible, and we have made it the number one priority of the new chief executive to drive costs down.” A spokesperson for HS2 Ltd said: “Mark Wild joined as our new CEO this month and clearly recognises the programme’s serious cost challenges.

Cost Euston Hs2 Hs2 Ltd Progress Report Hit 66Bn  private  emails  breaking  hit  66bn  free  sign  hs2  report  project  phase  cost  progress  costs

History of this topic

HS2 boss issues stark warning for 2025
1 week, 1 day ago

HS2 boss issues stark warning for 2025

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy HS2 is in a “very serious situation” and needs a “fundamental reset”, the new boss of …

Government still does not know how much HS2 will cost, MPs told
2 weeks, 6 days ago

Government still does not know how much HS2 will cost, MPs told

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Dame Bernadette Kelly said: “I say with great regret, sitting before the committee, that …

Britain is building the most expensive railway in the world. Many people now think it’s pointless
55 years ago

Britain is building the most expensive railway in the world. Many people now think it’s pointless

CNN  

CNN — Building new railways is an expensive business. Only the equally troubled $128-billion California High Speed Rail project in the United States comes close to matching HS2’s soaring costs, with some estimates suggesting that it could top out at $200 million per mile. “The project has become emblematic of Britain’s inability to complete big infrastructure projects.” Railway journalist, author …

Government to oversee building of HS2 amid spiralling costs
2 months, 2 weeks ago

Government to oversee building of HS2 amid spiralling costs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Transport Secretary Louise Haigh has also ordered an independent …

‘HS2 light’ link to Manchester could replace scrapped line beyond Birmingham
2 months, 4 weeks ago

‘HS2 light’ link to Manchester could replace scrapped line beyond Birmingham

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ministers are considering a “HS2 light” railway line linking Birmingham and Manchester as part of a …

Cancelling HS2 is only the start of the Conservatives’ Great Train Robbery
1 year, 3 months ago

Cancelling HS2 is only the start of the Conservatives’ Great Train Robbery

The Independent  

Once Rishi Sunak confirms the cancellation of the northern leg of HS2, the high-speed rail line will stand as a permanent and embarrassing monument to British failure. With as much as £28bn now spent and probably the same amount again needed to finish it, HS2 – a project first proposed in 2008 – remains shrouded in mystery. Sunak, who is …

HS2 railway line: Key numbers
1 year, 3 months ago

HS2 railway line: Key numbers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. A further revision in 2020 set the estimated cost …

Key dates of the HS2 rail project
1 year, 3 months ago

Key dates of the HS2 rail project

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. – July 2017 HS2 Ltd accepts it was a “serious error” to make £1.76 …

Letters: The HS2 farce highlights Britain’s inability to deliver major projects
1 year, 3 months ago

Letters: The HS2 farce highlights Britain’s inability to deliver major projects

The Telegraph  

SIR – Various interested parties are now expressing concern over the possible cancellation of HS2, or part of it. The reality is that HS2 is already a national embarrassment, and has merely shown that our politicians and engineers are no longer capable of handling major infrastructure projects. Nigel Bayley Kidsgrove, Staffordshire SIR – When HS2 was announced, at my local …

Rishi Sunak ‘alarmed’ by spiralling cost of HS2 as he faces Cabinet split
1 year, 3 months ago

Rishi Sunak ‘alarmed’ by spiralling cost of HS2 as he faces Cabinet split

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Key dates of the HS2 rail project
1 year, 3 months ago

Key dates of the HS2 rail project

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. – July 2017 HS2 Ltd accepts it was a “serious error” to make £1.76 …

High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1 year, 3 months ago

High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice

Associated Press  

LONDON — The British government confirmed Sunday it may scrap a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England. “We’ve seen very, very high global inflation in a way that no government could have predicted,” said Shapps, a former transportation secretary who now serves as …

Sunak set to cut off HS2’s northern leg as costs spiral – reports
1 year, 3 months ago

Sunak set to cut off HS2’s northern leg as costs spiral – reports

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. And in a letter to the Prime Minister, London Mayor Sadiq Khan said HS2 …

Labour refuses to commit to finishing HS2 rail project in full
1 year, 3 months ago

Labour refuses to commit to finishing HS2 rail project in full

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour is refusing to commit to completing the HS2 in full …

HS2 Stage 2 could be scrapped: Rishi Sunak and Jeremy Hunt 'in talks to axe high speed rail route north of Birmingham' to save £34billion ahead of the next election (after already spending £2.3billion
1 year, 3 months ago

HS2 Stage 2 could be scrapped: Rishi Sunak and Jeremy Hunt 'in talks to axe high speed rail route north of Birmingham' to save £34billion ahead of the next election (after already spending £2.3billion

Daily Mail  

Rishi Sunak is facing widespread anger today amid claims that the second stage of the controversial HS2 high-speed rail line could be axed to save money. Tory MP Michael Fabricant said scrapping Phase 2 would be 'sensible' and would protect rural areas north of his Litchfield constituency, where Phase 1 will join the current West Coast mainline. The Prime Minister's …

What is HS2, where will it go and when will it be completed?
1 year, 3 months ago

What is HS2, where will it go and when will it be completed?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After years of setbacks, controversy and spiralling costs, phase two …

Rishi Sunak and Jeremy Hunt in talks to scrap phase two of HS2 as costs spiral
1 year, 3 months ago

Rishi Sunak and Jeremy Hunt in talks to scrap phase two of HS2 as costs spiral

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak and Jeremy Hunt are in discussions about scrapping the …

HS2 rail plans rated “unachievable” by official watchdog
1 year, 5 months ago

HS2 rail plans rated “unachievable” by official watchdog

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy HS2 has been given a rating of “unachievable” by an …

Leaked document ‘blows apart’ claims HS2 delay will save money – Labour
1 year, 9 months ago

Leaked document ‘blows apart’ claims HS2 delay will save money – Labour

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

HS2 is so expensive because ‘we are more responsible builders than the French’
1 year, 11 months ago

HS2 is so expensive because ‘we are more responsible builders than the French’

The Telegraph  

Doubt has been cast on the future of HS2 in recent weeks after Whitehall officials were ordered to conduct a sweeping review of the project with a view to stopping costs spiralling out of control. Sir Jon indicated the scale of the task of keeping costs down at HS2, saying the project was “not immune” to surging prices across the …

HS2 boss hails ‘immense progress’
2 years ago

HS2 boss hails ‘immense progress’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

HS2 signs £2bn deal for UK’s fastest trains
3 years ago

HS2 signs £2bn deal for UK’s fastest trains

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy HS2 has signed a £2 …

Now it's £1.3bn! Bill for HS2 goes up again after Covid delays and plan scale back Euston terminal
3 years, 2 months ago

Now it's £1.3bn! Bill for HS2 goes up again after Covid delays and plan scale back Euston terminal

Daily Mail  

The cost of delivering the first phase of HS2 is set to soar by £1.3 billion, the Government has admitted. The cost of delivering the first phase of a controversial high-speed rail project, HS2, is set to soar by £1.3 billion, due to delays caused by the Covid-19 pandemic and plans to scale back size of Euston terminal The ballooning …

Britain in talks with China over offer to build HS2 in five years ‘for less money’
4 years, 10 months ago

Britain in talks with China over offer to build HS2 in five years ‘for less money’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Britain is in talks with China over giving Beijing’s state-owned railway …

What is HS2, when will it be completed and how much will it cost?
4 years, 10 months ago

What is HS2, when will it be completed and how much will it cost?

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Phase one involves building a line from London Euston via Old Oak Common in west London via Birmingham Interchange to …

HS2: All the other things you could do with £106bn
4 years, 11 months ago

HS2: All the other things you could do with £106bn

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Proponents bill HS2 as a much-needed infrastructure update and a necessary step for the future, …

Grant Shapps casts doubt on future of HS2
4 years, 11 months ago

Grant Shapps casts doubt on future of HS2

Daily Mail  

Grant Shapps today appeared to cast doubt on the future of HS2 after an official government review into the viability of the project said it could end up costing as much as £106 billion. Now the Oakervee review of the project, led by former HS2 chairman Doug Oakervee, has apparently warned that it could ultimately cost north of £100 billion. …

High Speed 2 will cost £106.4 billion - almost double the amount claimed by Theresa May - official review panel told
5 years, 3 months ago

High Speed 2 will cost £106.4 billion - almost double the amount claimed by Theresa May - official review panel told

The Telegraph  

High Speed 2 will cost almost double the amount claimed by Theresa May, an official review panel has been told, as a new analysis put the overall bill at £106.4 billion. A paper submitted to an inquiry set up by Boris Johnson suggests that the official estimate maintained by Mrs May's government fell some £50 billion short of the likely …

HS2 may be a mess, but it’s still essential for the future of UK rail travel
5 years, 4 months ago

HS2 may be a mess, but it’s still essential for the future of UK rail travel

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. As you may …

HS2 could be delayed by seven years and cost £22 billion more than forecast, says head of firm behind it
5 years, 4 months ago

HS2 could be delayed by seven years and cost £22 billion more than forecast, says head of firm behind it

The Telegraph  

HS2 could cost up to £22 billion more than its previous budget and may be delayed by seven years, the company building the high-speed railway said. In a statement to the Commons, Grant Shapps, the Transport Secretary, said the anticipated costs had risen from £55.7 billion in 2015 prices to between £72 billion and £78 billion. The first phase, from …

HS2: Boris Johnson’s government announces review into whether major rail project should be axed
5 years, 4 months ago

HS2: Boris Johnson’s government announces review into whether major rail project should be axed

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Federation of …

The colossal HS2 bill could cost the north its much-needed railway
5 years, 7 months ago

The colossal HS2 bill could cost the north its much-needed railway

The Independent  

By now, if things had gone to plan, we would have been stuck deep in to Leveson 2 – the second part of the judicial inquiry into the behaviour of the British press, following the phone-hacking scandal. open image in gallery HS2 protestors outside Euston station The Northern Powerhouse Partnership, the campaigning group chaired by George Osborne, which is pushing …

Discover Related