HS2 could cost up to £22bn more than its previous budget and may be delayed by seven years, the company building the high-speed railway has said.
The future of the long-running project was thrown into doubt last month after it was revealed an independent review will consider whether it should continue. In a written statement to parliament on Tuesday, Transport Secretary Grant Shapps said HS2 Ltd chairman Allan Cook does not believe the project can be delivered within its £55.7bn budget. This was set in 2015 prices and is equivalent to £62.4bn today.Instead, it is estimated HS2 needs a total budget"in the range of £72bn to £78bn" in 2015 prices, or £81bn to £88bn today, Mr Shapps said.
The transport secretary also warned that Mr Cook does not believe phase one of HS2 can be delivered by 2026, and instead recommends a"staged opening" between 2028 and 2031.The minister added that Mr Cook expects Phase 2b of HS2 - the full high-speed line between London and Manchester and Leeds - to open between 2035 and 2040 - a delay of up to seven years from the previous date of 2033.
A report by Mr Cook stated that the original HS2 plans"did not take sufficient account" of the effect of building a high-speed line through areas that are densely populated and with challenging ground conditions.
Source: News Formal (newsformal.com)
Don’t bother 💤💤💤😡
*extra £22bn and 7 year delay? Has this been given to a bunch of 14 year olds to sort out?
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HS2 delayed for seven more years as costs spiral £24billion over-budgetMINISTERS are poised to announce that HS2 will be delayed for up to seven years and come in £24billion over-budget. The first leg of the new high-speed rail line between London and Birmingham was d… Axe the white elephant. What a waste of public money. Scrap it. Pay Europe off with the money. What a good day to bury some bad news.
Source: TheSun - 🏆 64. / 61 Read more »
If ministers want to rebalance the economy, they must scrap HS2 | Larry ElliottImproving rail links in the north is a far better use of £80bn-plus than continuing with a delayed project Why is it unthinkable that HS2 could start with the Manchester to Leeds section and then see if there is any money for the Birmingham to London section? Mr Elliott doesn't seem to appreciate that the fact that infrastructure is interlinked. It's too simplistic to cancel one thing in order to do another. HS2 and NPR need to be considered as a PROGRAMME of work that is built to a schedule that maximises the benefits.
Source: The Guardian - 🏆 84. / 53 Read more »
HS2 railway to be delayed by up to five yearsIt will be between 2028 to 2031 before the first trains run on the London to Birmingham route. Of course, why not. Why have anything in this piss hole country progress. Why not waste more time and resources on pure bull Cancel the entire thing. Stuff the North ....
Source: BBCNews - 🏆 3. / 97 Read more »
HS2 delayed for seven more years as costs spiral £24billion over-budgetMINISTERS are poised to announce that HS2 will be delayed for up to seven years and come in £24billion over-budget. The first leg of the new high-speed rail line between London and Birmingham was d… Axe the white elephant. What a waste of public money. Scrap it. Pay Europe off with the money. What a good day to bury some bad news.
Source: TheSun - 🏆 64. / 61 Read more »
Remain Facebook pages 'professionalised' by £100,000 campaignThe group behind the project says it has quadrupled the following of Remain Facebook pages in seven months. Aren't they using the same tools leave campaign used to reach their goal. Meanwhile, hundreds of thousands of Brits (mostly pro Brexit) have been purged from facebook due to political censorship. Twitter censor certain political viewpoints too. How can we have democracy in this country with a foreign power interfering in this way? Who of sound mind still uses facebook?
Source: SkyNews - 🏆 35. / 67 Read more »
HS2 railway to be delayed by up to five yearsIt will be between 2028 to 2031 before the first trains run on the London to Birmingham route. Of course, why not. Why have anything in this piss hole country progress. Why not waste more time and resources on pure bull Cancel the entire thing. Stuff the North ....
Source: BBCNews - 🏆 3. / 97 Read more »