HS2 price tag could top £100bn as minister blames ‘shocking legacy’
Transport Secretary Heidi Alexander has delivered a strongly critical statement on the future of HS2, confirming a major reset of the project alongside sharply revised cost and delivery timelines.
In her address, she set out updated estimates for the high-speed rail scheme, the findings of a Cabinet Office-commissioned investigation ordered by the Prime Minister last year, and a warning that abandoning the project would cost as much as continuing it - but without delivering any of its benefits.
She confirmed that the overall... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
