HS2: On Track?

The Briefing Room · Aug 26, 2021 · 28m

HS2, a high-speed railway linking up London, the Midlands and the North of England has been in development for more than a decade. It was described by Boris Johnson as the ‘spine’ of a new network to deal with the ‘great musculoskeletal problem of UK transport’. The ‘spine’ is costing an arm and a leg.

In 2012 the project was priced at £32.7bn. That was revised to £55bn in 2015. Last year a review by civil engineer Doug Oakervee said the final figure could top £100bn. The Chancellor Rishi Sunak has already warned that Covid has severely damaged public finances and that will likely impact…