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Home Business

Is HS2 back on the government’s agenda?

1 November 2024
in Business
Is HS2 back on the government’s agenda?
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Transport secretary Louise Haigh acknowledges the escalating costs of HS2 and plans to regain control with an independent review, as the project’s original £37.5 billion price tag has surged to over £70 billion. Despite significant cost overruns, completion estimates for the 135-mile line between Acton and Aston are around £67 billion, prompting concerns over its feasibility and usefulness. The project’s mismanagement and lack of oversight have led to a series of wrong decisions and setbacks, highlighting broader issues in completing major infrastructure projects in the UK.

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