I appreciate the question about costs here is general rather than focused on HS2. HS2 had/has its own issues of course, but the biggest issues we have with costs are systemic, HS2 just reveals them more. We can see the issue with costs on other projects - Crossrail 1 might have been delivered for £18.9bn, but Crossrail 2 is estimated at £45bn in current prices - yes, the scope is different, but it gives some idea of scale of costs. Lower Thames Crossing is 14 miles and is now estimated to be £11bn. Houses of parliament refurbishment could be up to £40bn. EWR Bedford-Cambridge is 31 miles of new track and is over £5bn, for 100mph not electrified and isn't significantly cheaper than the expected cost of HS2 phase 2a. A428 Back cat to Caxton Gibbet is £1bn for 10 miles of upgrade.
There's a narrative forming, particularly from the media, that only blames hs2 as a project - speed+tunnels+bat shed+incompetence. Whilst they may be factors, its an over simplification of the issues and misses crucial context and the environment of operating in the UK.
The NIC report from 2024 is well worth reading:
https://upload.wikimedia.org/wikipedia/commons/d/d7/NIC-Costs-Report-Final-Oct-2024.pdf
The Fingleton nuclear regulatory review has insights and recommendations that covers other types of infrastructure projects and worth taking a look at:
https://majorprojects.org/wp-content/uploads/2025/12/nuclear-regulatory-review-2025.pdf
The NAO produced this report on lessons learnt from large projects:
https://www.nao.org.uk/wp-content/u...-decision-making-on-mega-projects-summary.pdf
Before we look at HS2 more closely, we should consider the issues affecting all projects.