Transport secretary says first official estimate in 2026 prices shows cost turbocharged by inflationBusiness live – latest updatesThe HS2 high-speed railway will now cost up to £102.7bn and trains will not start running between...
Read MoreTransport secretary to give budget details of troubled high-speed line, which backers hope will stay well below £100bnThe latest estimate of the cost of HS2 and a timetable to complete construction of the high-speed railway will...
Read MoreNew measures will protect Tata and British Steel but allow foreign pre-made parts into the UK, say industry bossesSteel bosses have warned ministers that a “back door” in new trade rules could hit British manufacturers and lead...
Read MoreCompany will assess whether drop to 186mph from 224mph will save money and help bring forward launchMinisters have told High Speed Two to consider running its trains at lower speeds, in an attempt to rein in the spiralling...
Read MoreTen years after I first followed the proposed route, I retraced my steps to see what life was like along the world’s most expensive, heavily delayed railway lineTen years ago, I walked the route of HS2, the 140-mile railway...
Read MoreReviving line to Manchester and Leeds would help get lorries off roads and cut emissions, according to lobby groupManufacturers will press ministers today to resurrect plans for a high-speed rail line reaching Leeds and...
Read MoreTotal overspend on high-speed rail could be as much as 100%, Mark Wild, who runs the project, told MPsHS2 construction contracts priced at £19.5bn have already cost £26bn despite being “just over halfway done”, the boss of the...
Read MoreAs the government announces a further delay, here are key moments in the troubled project’s history so farHS2 delayed beyond 2033 as minister attacks ‘appalling mess’Business live – latest updatesUnder detailed plans ministers...
Read MoreHeidi Alexander says billions wasted in ‘litany of failure’ amid speculation cost will now exceed £100bnTimeline: 16 years of high hopes and bruising realityBusiness live – latest updatesThe high-speed rail network HS2 cannot be...
Read MoreTransport secretary will also accuse Conservatives of wasting billions on project with poor managementBusiness live – latest updatesHS2 is to be delayed yet again by at least a further two years, the government will announce on...
Read MoreExclusive: Heidi Alexander to reveal overspends due to poor management, badly negotiated contracts and design changesThe Conservatives wasted billions of pounds on HS2 through poor management, badly negotiated contracts and...
Read MoreSteve Reed says plans for 1km curved structure to protect bats from high-speed railway are ‘batshit crazy’A bat shelter costing more than £100m near HS2 has been described by the environment secretary as “batshit crazy”. HS2 Ltd...
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