They absolutely should continue with Handsacre, but whether they will or not in the short term only those in Government know.The initial service might be a self contained OOC to Curzon Street service but that will only provide 3tph. They want to connect to the WCML (at Handsacre), allowing 6tph, as soon as possible.
The whole country seems to be in a managed decline. This project is no different