Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

HS2 costs ‘will double’

HIGH SPEED RAIL

21 July 2017
 

The DfT has rejected claims that the HS2 project will cost double the current estimate. The Department insists that the project will be delivered within an overall envelope of £55.7bn (2015 prices), broken down as: £24.3bn for London – West Midlands (phase one); £3.7bn for West Midlands-Crewe (phase 2a); £20.6bn for West Midlands-Manchester/Leeds (phase 2b); and £7.1bn for rolling stock.

The outturn cost will be considerably higher, because of  inflation...

+77% more

 

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