Secret Government Report says “Fundamentally Flawed” HS2 Could go 60% Over-Budget.
A secret report produced by the Governments’ Infrastructure and Projects Authority months before HS2 got its’ final approval in...
Tag: Budget
Whistleblower Claims HS2 “Knowingly Misled Parliament” Covering Up £1.9bn “Petrifying Overspend”
Doug Thornton, the former head of property at HS2 Ltd has told The Sunday Times that he was put...
Budget – no delight nor any despair
As always, we watched the Budget speech on Wednesday, and have trawled through the documents, looking at what it...
The Autumn Statement and the white elephant in the Chamber
From 51M: In his Autumn Statement yesterday, the Chancellor announced the establishment of a £23bn national productivity investment fund....
HS2 Cost Jumps by £5.6 bn.
This article has been amended from the one published earlier today, as the Department for Transport, whilst being unable to provide...
Autumn statement will see cost of HS2 go up, against a backdrop of cuts.
On Wednesday in the Autumn Statement, against a backdrop of cuts to services across the board, the cost of...
High Speed Rail – fading from the North
In yesterday’s Budget Speech, one thing conspicuous by its absence was any comment on railways, apart from a passing...
That Pesky Preparation Act Provision
One of the provisions of the High Speed Rail (Preparation) Act (2013) was that the Secretary of State was to...
HS2 costs increase by over £1bn, but not according to HS2 Ltd.
The costs associated with Phase 1 contracts of HS2 have increased by £1.15bn, an increase of 11% since November...
HS2 – just when is the right time for the No Blank Cheque test to start?
From 51M The news that HS2 Ltd has overshot its allocated budget of £101 million by £87 million suggests...