UK’s HS2 to be dropped?

Premium Content

07 January 2019

The UK's planned new high-speed rail line (HS2) will link London with Birmingham, Manchester, Leeds and Sheffield.

The UK’s planned new high-speed rail line (HS2) is designed to link London with Birmingham, Manchester, Leeds and Sheffield.

Media speculation in the UK is suggesting that the HS2 high-speed rail project planned to connect London and the North of England might not now go ahead.

While not mentioning HS2 specifically, Chief Secretary to the Treasury Liz Truss wrote at the weekend that government ministers should be prepared to drop expensive “white elephant” (useless or troublesome) projects. This is being widely assumed to include the controversial rail project, and comes after claims that the cost of the project has been underestimated.

Also, London’s Crossrail – once the biggest project in Europe – has missed its target of opening in 2018, and is now expected to start operating in 2019. The chairman of Crossrail and HS2, Sir Terry Morgan, resigned from both roles last month. He became chairman of Crossrail in 2009, but had been in charge of HS2 for four months.

HS2 is designed to connect London, Birmingham, the East Midlands, Leeds and Manchester, and is currently estimated to cost £56 billion (€62.38 billion), which is 71% more than the initial estimate of £32.7 billion (€36.44 billion), made in 2010.

Truss, who is responsible for public expenditure including spending reviews and strategic planning, wrote that she would examine all major government-funded investment projects.

Amidst suggestions that HS2 costs could rise far above the current estimates to as much as £100 billion (€111.4 billion), her remarks are being regarded as a strong hint that the rail project could be axed.

Work started on phase one of HS2 in 2017 with the first passengers expected to use the high speed line in 2026.

STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Latest News
Instagrid highlights rental applications for portable batteries
Company said its GO and ONE products can power pumps, lighting towers and more
Q&A with KPMG’s Martin Seban on the latest ERA Market Report
What are some of the headline findings of this year’s ERA Market Report?
EU military mobility drive could trigger €100bn infrastructure upgrade
EFCA says Europe needs corridor-by-corridor checks to identify bridges, tunnels and transport links requiring reinforcement
CONNECT WITH THE TEAM
Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA