Tag: Chancellor
This article has been amended from the one published earlier today, as the Department for Transport, whilst being unable to provide...
Spending Review 2015
It’s the day of the Chancellor’s Spending Review. The Spending Review is intended to give a longer term view...
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...
Official HS2 costs have gone up, but who knows where to.
Documents seen by the Independent on Sunday have confirmed an increase in the cost of Phase 1...
Delays of the HS2 line
Anyone wondering what was happening with the Phase 2 announcement, might have looked for clarity with one of the...
Without Parliamentary approval, Osborne touts HS2 to China.
Despite the fact the HS2 project has not yet received Parliamentary approval, Chancellor George Osborne will today start bidding...
Desperation from Government as Adonis appointed to HS2 Ltd board.
Two former Chancellors link Network Rail cuts to HS2 spending
In the last week, both Lord (Nigel) Lawson and Alistair Darling, two former Chancellors of the Exchequer have reiterated their opposition to HS2, suggesting the cuts to Network Rail projects are as a direct result of spending on HS2.
We’ve not only put together those clips, but added some from when the pair first came out against HS2.
Besides holding the post of Chancellor, Darling had previously been Secretary of State for Transport, and as such he warned back then that if so much money went on HS2, there wouldn’t be the money for the rest of the rail network.
These words from almost two years ago now seem extremely prophetic, given the recent ‘pausing’ of Network Rail projects.
Osborne and the Northern Powerhouse
Later today, George Osborne will be making a speech about the Northen Powerhouse in Manchester. These ideas are widely...
McLoughlin at the Lords
Over recent months, the House of Lords Economic Affairs Committee has been conducting an inquiry into HS2. On 9th...