LNW-GW Joint
Veteran Member
It may only be in the Sun, reported by the BBC, but pressure is mounting to cap spend on HS2 because of high cost inflation.
Delay to the Euston section or to the whole project, is in the air, to keep within present annual budgets.
I'm not sure I believe the possibility of axing the Euston section, after all the demolition and enabling works have been done.
There may also be funding implications on other capital projects, eg NPR.
Jeremy Hunt is on his feet later today, so might address this.
www.bbc.co.uk
Delay to the Euston section or to the whole project, is in the air, to keep within present annual budgets.
I'm not sure I believe the possibility of axing the Euston section, after all the demolition and enabling works have been done.
There may also be funding implications on other capital projects, eg NPR.
Jeremy Hunt is on his feet later today, so might address this.
HS2 will run through to London Euston, Chancellor Jeremy Hunt says
This follows reports that rising costs could mean the rail link might stop in the suburbs of west London.
The government says it is committed to delivering the HS2 rail line to Manchester after a report the scheme may no longer reach central London.
The Sun reported that rising inflation and construction costs meant HS2 trains may terminate in the suburbs of west London instead.
The paper said bosses were considering pushing back its Euston terminus to 2038, or scrapping it completely.
The government has not denied the report.
The move would mean trains would run from a new hub at Old Oak Common, about 8km (five miles) away, and commuters would have to use the Elizabeth Line or Tube to travel to central London.
A two to five-year delay to the entire project is also being considered, the newspaper said.
A Department for Transport (DfT) spokesperson said the government remained committed to "delivering HS2 to Manchester, as confirmed in the Autumn Statement"