HS2 to Blow a Quarter of a Billion on Keeping Costs Down
In an admission that they have lost control of both the management and the costs of the £55.7bn project,...
Tag: Budget
HS2 Property Cost Forecast at Five Times the Original Estimate, FOI Shows
A Freedom of Information Response from HS2 Ltd forecasts that the final total for the cost of land and...
People “only have to look at Crossrail” to see if HS2 will be on time and on budget.
In July 2017 Chris Grayling delivered an update on HS2 to Parliament in which he confirmed route changes on...
Boss refuses to reveal ‘cost gap’ of ‘unaffordable’ HS2
Mark Thurston, the boss of HS2 Ltd has refused to admit how far over budget the project is running,...
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...
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...