Spooked by the costs—now put at around £100bn, against an original estimate of £42bn—and by the furyof 21 Tory MPs whose rural constituencies the track would slice through, the government is considering cancelling the project.A final decision was due as The Economist went to press. ...
Spooked by the costs—now put at around £100bn, against an original estimate of £42bn—and by thefuryof 21 Tory MPs whose rural constituencies the track would slice through, the government is considering cancelling the project. A final decision was due asThe Economistwent to press. We ...
The first indications that the leg to Manchester could be scrapped came after it was reported last month ministers wereconsidering shelving the northern phasebecause of concerns about spiralling costs and severe delays. According to The Independent, a cost estimate revealed that the governme...
That £32.7BN figure from earlier was only the initial budget from 2012. After just one year the estimate had risen to £42.6BN. It then went up to £55.7BN in 2015 and that’s the number that parliament passed the Bill on in 2017. Two years later, HS2 put the cost at around...