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Scrapping HS2 ‘will inflate project costs’

24 January 2020
 

Cancelling HS2 will push up the cost of all future major Government infrastructure projects because contractors will build in additional risk premiums to their tender prices, the rail industry warned this week. 

The message comes in a letter to the Prime Minister ahead of the Government making a final decision on HS2 in the coming weeks. 

“As the Government reaches its decision, it needs to be mindful of the fact that the HS2 project is well underway,” says the High Speed...

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