Transport secretary Heidi Alexander has stressed the need for further savings in providing Parliament with an update on the London-Birmingham HS2 reset. She said £43.6bn has been spent on the project, but did not offer a new total construction cost estimate. £2.6bn of further expenditure had been squandered on the cancelled northern HS2 portion.
Rising costs are expected to see the total cost exceeding £100 billion, with savings now proposed by slowing down train speeds and...
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