Shapps reveals in a WMS that the current chairman of HS2 believes the cost of the project is now £72-78bn - as opposed to the current £56bn estimate.
You first read this in the @ft a month ago
also delay of UP TO SEVEN YEARS for HS2
"He recommends 2028 to 2031 for Phase One - with a staged opening....he expects Phase 2b, the full high-speed line to Manchester and Leeds, to open between 2035 and 2040."
(Previous plan was phase 1 by 2026 and phase 2 by 2033)
In any normal political environment this would be a humongous political story.....
almost feels like someone in the DFT has decided it’s a good day to bury bad news
oh hello it turns out that in today's prices the new cost estimate of HS2 is.....drum roll...
£81bn to £88bn
here's the original @ft scoop by @gillplimmer1 and me a while back
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