The cost of Britain’s new HS2 high-speed railway line is to spiral by as much as £30bn, according to an internal review by the project’s new chairman.
Not £300m over budget
Not £3bn over budget
BETWEEN FOURTEEN AND THIRTY BILLION POUNDS
In 2013 the HS2 price tag was £32bn
Current cost envelope is £56bn
New internal estimate £70-85bn
Boris Johnson has faced both ways on HS2, depending on his audience....soon he’s going to have to decide whether he wants it or not
And here’s the news story on the front of tomorrow’s @FT
And here is the Guardian
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