NEWS

HS2: High-speed line cost 'could rise

HS2 chairman Allan Cook has written to the Department for Transport to say the high-speed line cannot be delivered within its £56bn budget, according to the Financial Times.

7/21/2019 2:43:31 PM

The chairman of the High Speed 2 rail project has reportedly warned that its cost could rise by £30bn.
HS2 chairman Allan Cook has written to the Department for Transport to say the high-speed line cannot be delivered within its £56bn budget, according to the Financial Times.
The DfT said a review of HS2's costs is continuing.
The line will connect London, the Midlands and northern England using trains capable of travelling at 250mph.
"The chairman of HS2 Ltd is conducting detailed work into of the costs and schedule of the project to ensure it delivers benefits to passengers, the economy and represents value for money for the taxpayer," the DfT said in a statement.
"This work is ongoing. We expect Allan Cook to provide his final assessment in due course."

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