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....Four of the 10 worst airports in the world are in the UK (Gatwick, Stansted, Manchester and Edinburgh), for instance. The new HS2 lines will not reach Crewe until 2027, and won’t get to Manchester or Leeds until 2033. ... [Read full article on Guardian ]
Monday 24th of July 2017 06:23:29 AM
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.... It leaves Britain in Europe’s transport dark ages. It is the crude price the Treasury has exacted from the transport secretary, Chris Grayling, for his gutless refusal to do the sensible thing and put the HS2 vanity project on indefinite hold. ... [Read full article on Guardian ]
Thursday 3rd of August 2017 06:00:08 AM
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.... The activity was explained by a sharp rise in social housing repair and maintenance contracts in the wake of the Grenfell Tower fire. The construction industry would be reliant on major infrastructure projects such as HS2 and the Thames Tideway tunnel, as well as private housebuilding over the next two years, the CPA said, which would help to offset a sharp fall in the commercial and industrial sectors. ... [Read full article on Guardian ]
Sunday 6th of August 2017 11:01:05 PM
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....Despite the rumblings on the tracks, the industry’s gravy train will roll for some time yet. The man who signed off the 2014-19 plan at Network Rail, David Higgins, chair of HS2, has faced down scepticism over the project’s own £55. ... [Read full article on Guardian ]
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Latest Finance News related to HS2

Crane spotters predict leaner times for UK builders image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
.... The activity was explained by a sharp rise in social housing repair and maintenance contracts in the wake of the Grenfell Tower fire. The construction industry would be reliant on major infrastructure projects such as HS2 and the Thames Tideway tunnel, as well as private housebuilding over the next two years, the CPA said, which would help to offset a sharp fall in the commercial and industrial sectors. ...
Do your fellow Brits a favour. Stop going on holiday | Simon Jenkins image
Source : Guardian [Read Article] Thursday 3rd of August 2017 06:00:08 AM
.... It leaves Britain in Europe’s transport dark ages. It is the crude price the Treasury has exacted from the transport secretary, Chris Grayling, for his gutless refusal to do the sensible thing and put the HS2 vanity project on indefinite hold. ...
The UK ignores China's trillion-dollar Belt and Road plan at its peril | Colin Cram image
....Four of the 10 worst airports in the world are in the UK (Gatwick, Stansted, Manchester and Edinburgh), for instance. The new HS2 lines will not reach Crewe until 2027, and won’t get to Manchester or Leeds until 2033. ...
Full speed ahead for train builders as minister pulls plug on electrification image
....Despite the rumblings on the tracks, the industry’s gravy train will roll for some time yet. The man who signed off the 2014-19 plan at Network Rail, David Higgins, chair of HS2, has faced down scepticism over the project’s own £55. ...
Peak car? Driverless technology may actually accelerate car ownership image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
.... The same holds for small operators in the freight and service sectors, including white van drivers. At a time when many investments in public transport and cycling in UK cities contribute to gentrification and disproportionately favour the middle classes, as with HS2 and most bike-sharing schemes, AV developments risk further increasing transport’s role in enhancing social inequality. ...
HS2 supporters boast of benefits – but costs keep going off the rails | Nils Pratley image
. ‘HS2 was always designed to be much more than just a high-speed railway and today we can see the opportunities it brings right around the country – spreading prosperity, acting as a catalyst for investment and rebalancing our economy 10 years before the railway even opens,” said David Higgins, chairman of the high-speed railway, as the first construction contracts were awarded on Monday. ...
HS2 contracts worth £6.6bn awarded by UK government image
Source : Guardian [Read Article] Monday 17th of July 2017 08:08:45 AM
....The government has awarded £6. 6bn in contracts to build the new high-speed HS2 railway between London and Birmingham, to companies including crisis-ridden construction firm Carillion. ...
Major rail disruption looms in August as stations are closed image
Source : Guardian [Read Article] Monday 10th of July 2017 12:52:08 PM
....”. The closure of Euston is to allow the first major engineering work to take place for HS2, the controversial £55bn high-speed railway. ...
Sheffield to Rotherham tram-train is five times over budget, says NAO image
.... Network Rail agreed to pay for the rest of the project, cancelling other works planned around the country to pay for it. Critics said the report cast doubt on pledges to deliver bigger schemes such as HS2. ...
Hard Brexit could halt Heathrow expansion plans, says Lord Adonis image
Source : Guardian [Read Article] Monday 26th of June 2017 12:32:00 PM
....While the airport has argued that Brexit makes its third runway ever more important, Andrew Adonis said private investment in infrastructure would be off the table unless Britain could maintain ties with the EU. Lord Adonis said that a host of major projects including HS2, Crossrail 2 and HS3 rail links between northern cities, as well as universal broadband and mobile services, would be under threat but particularly those that rely on private funding. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
.... More likely, the majority of members can see consumers and businesses need all the help they can get at the moment, and ultra-cheap credit is worth fighting for. The uproar over the shortlist of foreign firms battling to run Britain’s high speed HS2 trains from 2026 needs a little perspective. ...
The Observer view on the housing crisis | Observer editorial image
Source : Guardian [Read Article] Saturday 24th of June 2017 11:05:13 PM
.... This is not throwing money away, as it goes into a long-term asset that delivers returns into an indefinite future. It should also be noted that austerity is relaxed when it comes to building an £18bn nuclear power station at Hinkley Point or the £56bn HS2 railway, even though the latter is as damaging to the green belt as any housing proposal. ...
Crossrail 2 hits buffers as uncertainties over Brexit and election take hold image
.... But the case for a new, faster service on this alignment was first made when the city was in relative decline: the Chelsea-Hackney line’s underground route has been safeguarded for decades. And now, with London’s population forecast to rise to 10 million by 2030, the picture is further complicated by the building of HS2, the high-speed rail network linking London to Birmingham and the north. ...
How to measure success in the world of megaprojects | Jane Dudman image
Source : Guardian [Read Article] Friday 19th of May 2017 06:09:48 AM
. Crossrail, HS2, Hinkley Point C nuclear power station: three massive infrastructure projects, costing billions of taxpayers’ money, and all subject to controversial and time-consuming debate before getting the go-ahead. ...
Business leaders want next government to build two more runways image
Source : Guardian [Read Article] Sunday 14th of May 2017 11:01:29 PM
....”. The IoD also urged a roadmap for building Crossrail 2, the north-south rail line that Transport for London has insisted will be crucial to meet the needs of the capital, particularly once HS2 is operational. ...
Virgin, Stagecoach and France's SNCF link up for HS2 bid image
Source : Guardian [Read Article] Tuesday 25th of April 2017 12:47:58 PM
. The French state railway SNCF is to partner with Virgin Trains for a bid to run the first HS2 high-speed trains. ...
HS2 is on its way but bid troubles and snap election could still derail project image
.... Honest. ” If this announcement has left the public sceptical after seven years of relaunches and debate, there are signs that HS2 is starting to carve its first marks on the landscape. ...
UK technology firms turn to Silicon Valley to ward off Brexit blues image
Source : Guardian [Read Article] Thursday 13th of April 2017 06:00:19 AM
.... The trade minister, Greg Hands, was lobbied privately recently by entrepreneurs to sort out the north’s woeful transport infrastructure at a networking event to mark the launch of the Virgin Atlantic flight. Phase two of the long-delayed HS2 rail network, from the West Midlands to Leeds and Manchester, is scheduled to begin operating in 2033 but businesses have demanded urgent investment to slash travel times between the north’s major cities. ...
The British jobs Brexit makes hard to fill image
Source : Guardian [Read Article] Saturday 25th of March 2017 04:00:06 PM
....The Royal Institution of Chartered Surveyors (Rics) says the construction industry could lose more than 175,000 employees – or 8% of the sector’s workforce – if the UK loses access to the European single market. This could put key projects, such as the HS2 rail link between London, the Midlands and northern England, at risk. ...
Balfour Beatty returns to profit image
Source : BBC [Read Article] Thursday 16th of March 2017 08:18:30 AM
....As well as Crossrail, which will link west and east London, it is upgrading motorways and working on the Thames Tideway Tunnel. In the next few years it plans to be part of the country's three biggest infrastructure projects: High Speed 2 (HS2), the new nuclear power stations at Hinkley Point C and Wylfa, and the third runway at Heathrow airport. ...
Brum rush: Birmingham becomes tourist hotspot image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:05:07 AM
....A recent report by estate agent Knight Frank said Birmingham was Britain’s business hotspot, having become a budding centre for financial services, new technology and architectural showpieces. The city’s coffers are being strengthened by the arrival of big banks, professional services firms and the planned HS2 rail link to London alongside the success of Jaguar Land Rover and other manufacturers. ...
British Steel to reverse salary cut for workers agreed under Tata image
Source : Guardian [Read Article] Wednesday 25th of January 2017 06:41:37 PM
....But Junck said British Steel could still carve out a bright future, despite continuing pressure on the industry. “Domestically we are in a unique position to provide large quantities of steel for developments through the UK, whether that be major infrastructure projects such as HS2 and Heathrow [expansion], or smaller projects such as the building of new schools or hospitals,” he said. ...
Theresa May's post-Brexit industrial strategy ducks tough decisions | Nils Pratley image
.... Many tough decisions were ducked in the green paper, or left hanging in the air. Should the steel industry celebrate a “strategic approach” to procurement? Talk of mimicking Crossrail’s consideration of “social and economic factors” could suggest that British steel will be preferred in mega-projects like HS2. ...
Rail strike: search goes on for job Failing Grayling can't do badly | John Crace image
.... Not until McDonald condemned the strikes and told everyone to go back to work. Next, Failing wanted to move on to the triumph of HS2. ...
Tidal lagoon: £1.3bn Swansea Bay project backed by review image
Source : BBC [Read Article] Thursday 12th of January 2017 11:30:17 AM
....But recent experience with offshore wind turbines has shown costs can sometimes fall faster than predicted. The firms hope that as Theresa May's government has already embraced two mega projects in HS2 and Hinkley Point, it may be enthused by another plan for engineering on a heroic scale. ...
Is Britain’s rail network getting worse? image
Source : Guardian [Read Article] Friday 6th of January 2017 05:34:17 PM
.... A revamped Thameslink and all of Crossrail should be running by the end of the decade, giving a massive boost to the capacity of lines across the capital and beyond. And construction should start this year on a proper high-speed railway, HS2. ...
Chris Grayling: Tory in combative mood to deal with rail union bosses image
Source : Guardian [Read Article] Monday 19th of December 2016 07:00:14 AM
....He had not previously been thought of as a May loyalist, having run Liam Fox’s leadership bid in 2005, but she picked the rightwinger to chair her campaign and was instrumental in winning many pro-leave Tory MPs to her camp rather than that of Michael Gove, Fox or Andrea Leadsom. He told friends at the time that he was not after a big office of state after she won the top job, but was highly satisfied with the transport brief, overseeing major decisions such as Heathrow and HS2. ...
HS1 owners consider sale after receiving offers image
Source : Guardian [Read Article] Thursday 8th of December 2016 02:28:27 PM
....HS1 is the UK’s only high-speed railway to date. Parliament is expected to fully ratify plans for the London-Birmingham first phase of HS2 early in 2017, and the government may yet look at a similar concession model for the rail infrastructure. ...
Don't mistake autumn statement for infrastructure splurge | Nils Pratley image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 07:15:03 PM
....Do not run away with the idea that the chancellor has borrowed the clothes of Donald Trump and ordered an infrastructure splurge. Ploughing £23bn into a new national productivity investment fund sounds impressive until you remember that the HS2 high-speed railway, funded separately, is due to cost £56bn at the last count. ...
Costain: 'Time to build new engineering talent pool' image
Source : BBC [Read Article] Tuesday 22nd of November 2016 05:14:26 AM
....But the government has already announced £1. 3bn of spending on road improvements and £1bn for broadband on top of pushing ahead with HS2, Hinkley Point and a third runway at Heathrow. ...
HS2 will open on time in 2033, transport secretary vows image
Source : BBC [Read Article] Tuesday 15th of November 2016 06:28:48 PM
. The government's controversial £56bn high-speed rail project HS2 will be completed on time, Transport Secretary Chris Grayling has insisted. ...
Delayed HS2 second-phase route unveiled image
Source : Guardian [Read Article] Tuesday 15th of November 2016 07:48:04 AM
. The preferred route for the second phase of HS2 has been published, setting out exactly where the government will build the high-speed rail network through the north of England – although a controversial decision on how to run the line to Sheffield has been delayed once again. ...
HS2: North West and Yorkshire routes confirmed image
Source : BBC [Read Article] Tuesday 15th of November 2016 12:06:42 AM
. The government has announced the route for the second phase of the high-speed rail line HS2, from Crewe to Manchester and the West Midlands to Leeds. ...
HSBC insists Birmingham staff move is on track image
Source : Guardian [Read Article] Monday 14th of November 2016 04:10:34 PM
.... Last year only 13% of those staff earmarked for relocation had indicated they were ready to take on the move, although that figure is said to be increasing. A report by estate agents Knight Frank published last week said Birmingham was enjoying a renaissance, fuelled by manufacturers and the arrival of big banks and professional services firms, as well as the planned HS2 rail link. ...
Move over, Manchester – Midlands motor Birmingham is setting the pace image
Source : Guardian [Read Article] Thursday 10th of November 2016 06:01:24 AM
....The UK’s second city, with a population of more than a million, has cast off its image of motorways, industrial decline and urban unrest to become a budding centre for financial services, new technology and architectural showpieces, Knight Frank said in a report. The city’s renaissance is being fuelled by the arrival of big banks, professional services firms and the planned building of the HS2 rail link to London alongside the success of Jaguar Land Rover and other manufacturers. ...
New West Coast rail franchise to run HS2 services image
Source : BBC [Read Article] Friday 4th of November 2016 08:27:34 AM
. A new rail franchise combining the current InterCity West Coast main line with HS2 high-speed services has been announced by the government. ...
Maternity leave should be extended at cost of £2.1bn, says CBI image
Source : Guardian [Read Article] Wednesday 26th of October 2016 11:01:05 PM
....She said Hammond should reverse, at a cost of £6bn, cuts that took public investment below 2% of GDP, and fast-track £425bn of planned infrastructure investment, switching the emphasis from London and the south-east of England to the west, Midlands and north. The CBI has long campaigned for the Treasury to support road-widening schemes and rail upgrades in order to improve the UK’s infrastructure, while backing projects such as the third runway at Heathrow and the HS2 high-speed rail line. ...
Is government spending on roads and railways a good idea? image
Source : BBC [Read Article] Monday 3rd of October 2016 03:52:55 PM
....The Conservative government seems to be taking a new tack. It is already planning to spend lots of money on big projects like HS2, a new Hinkley nuclear power station, and maybe even a new airport runway in south east England. ...
HS2 'needs realistic timetable' say MPs image
Source : BBC [Read Article] Tuesday 13th of September 2016 11:52:04 PM
. MPs say the HS2 rail link needs a "realistic timetable" and believe the current schedule is "overly ambitious". ...
HS2 jitters image
Source : BBC [Read Article] Monday 12th of September 2016 03:10:25 PM
....First it was 2014, then 2015, now it is "by the end of 2016". Everyone has been waiting a very long time for the government to announce where the second phase of HS2 will actually go, yet a couple of years on we still do not have a route. ...
HS2 rail link boss quits to join Rolls-Royce image
Source : BBC [Read Article] Sunday 11th of September 2016 01:34:37 PM
. The boss of the controversial HS2 rail link is leaving to take up a senior post at Rolls-Royce, the aerospace and engineering group has said. ...

Britain must channel the Olympic spirit and expand Heathrow
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Source : Telegraph [Read Article] Friday 12th of August 2016 11:45:00 AM
.... The brief was simple: to bring my experience delivering the Olympics to ensure Britain’s infrastructure was fit for the future. There remains a huge amount more to do, but I’m proud of the progress we have begun to make that will see significant new infrastructure operational over the next decade – Crossrail, Thames Tideway Tunnel, HS2. ...

Both unions and train companies have gone off the rails
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Source : Telegraph [Read Article] Monday 8th of August 2016 10:00:00 PM
....At a time of political and economic uncertainly, efficient infrastructure is critical to economic growth. Whether it’s HS2 or Network Rail’s revolutionary plans for a digital railway that will increase capacity without the need to build new lines, change has to happen. ...
Households could get fracking payments under government plans image
Source : BBC [Read Article] Sunday 7th of August 2016 03:37:51 AM
....It goes something like this: I'll stand up for you, not the big boys and girls. And by floating this plan for fracking, what about the proposed high speed rail line between the north and south of England, HS2? . ...
Violent outbursts at Doncaster HS2 meeting image
Source : BBC [Read Article] Tuesday 2nd of August 2016 09:32:28 AM
. Trouble flared at a meeting about the HS2 route through South Yorkshire, resulting in residents grappling on the floor. ...
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What are Jeremy Corbyn's policies in the Labour leadership contest?
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Source : Telegraph [Read Article] Monday 1st of August 2016 03:00:35 PM
....Mr Corbyn has previously talked about "quantitative easing for people", with a Corbyn government borrowing to invest in housing, energy, transport and digital projects in a bid to boost the economy and stimulate employment growth. Britain's railways should be brought under public control, Mr Corbyn has said, while he has also expressed his opposition to the HS2 rail scheme, saying it would turn cities in the North into "dormitories for London businesses". ...

Goddard Inquiry: New Zealand judge becomes Britain’s highest paid civil servant with £5m pay package
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....”. The Taxpayers' Alliance said by its reckoning only two public servants - both involved in the HS2 high speed rail link - earned more. ...

Revealed: Rail passengers suffer unbearable levels of overcrowding as trains cram in twice the number of people they should
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.... . "We are investing a record £40 billion into the network to address this, delivering 3,700 extra carriages by 2019, and providing a huge boost to capacity through programmes like HS2, Crossrail, and the £6. ...

Who is Chris Grayling? Meet the new Transport Secretary
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Source : Telegraph [Read Article] Tuesday 26th of July 2016 10:31:32 AM
....He will likely be used by Mrs May to bridge the gap between Leavers and Remainers on the Right of  the Conservative Party as during the campaign, he skillfully managed to avoid personal attacks on colleagues. In addition, he will be expected to tackle the thorny issue of a third runway at Heathrow and also opposition to the HS2 railway project. ...

Patrick McLoughlin: Tories must not be seen as 'the nasty party' ever again
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....As a young pit worker in Staffordshire during the miners’ strike in the 1980s, he fought to keep his mine open, defying Arthur Scargill’s orders. He has fought many political battles in the decades since, serving as Mr Cameron’s chief whip during the Coalition and Transport Secretary overseeing the HS2 rail link scheme. ...
Jobs boom for self-employed revives fears for workers' rights image
Source : Guardian [Read Article] Wednesday 20th of July 2016 02:28:16 PM
....”. O’Grady said the government should invest in housebuilding and infrastructure projects such as the HS2 rail link to create secure full-time jobs and apprenticeships paying decent wages. ...

HS2 railway project to go ahead despite change in government
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Source : Telegraph [Read Article] Sunday 17th of July 2016 07:09:42 PM
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HS2 rail project backed by new transport secretary image
Source : BBC [Read Article] Sunday 17th of July 2016 03:35:13 PM
. The new transport secretary, Chris Grayling, says he does not intend to scrap the high-speed HS2 rail project. ...

Hundreds of brand-new homes will be bulldozed under updated HS2 track plans
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Kids discuss HS2, the Queen and the state of English football
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Source : Telegraph [Read Article] Thursday 30th of June 2016 05:00:00 AM
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High speed rail service HS2 will suffer the railways' usual delays, expert warns 
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HS2 has unrealistic timetable, says National Audit Office image
Source : BBC [Read Article] Monday 27th of June 2016 11:24:49 PM
. The HS2 high-speed rail project has an "unrealistic timetable" and faces major cost pressures, a report by the National Audit Office has said. ...
Up in the air image
Source : BBC [Read Article] Friday 24th of June 2016 02:32:40 PM
.... Rival Gatwick is very much back in the game. Also vulnerable, though much further along in terms of process, is the promised investment in high speed rail (HS2). ...

Affordable housing site at London HS2 hub faces City Hall probe
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Source : Telegraph [Read Article] Thursday 23rd of June 2016 02:35:35 PM
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In the age of HS2, the past teaches us there are far better ways to run our railways | Christian Wolmar image
....Related: Modern rail travel is a slow-grinding nightmare of too many people and too little space | Stuart Heritage. But it is not all plain sailing for the HS2 project. ...
Digital plan for trains feeling strain of high demand and creaky foundations image
....Network Rail hopes that, with transport secretary Patrick McLoughlin tipped to be reshuffled out of the job after the EU referendum, a new minister will champion the project. It would have legacy potential, while avoiding the public antipathy generated by a third airport runway or HS2. ...
Fantastically crony-capitalist: that’ll be Cameron-land | Simon Jenkins image
....It was the diplomatic equivalent of a drone attack. George Osborne had spent two years meticulously crafting good relations with the Chinese, in a desperate bid for cash for his Hinkley Point and HS2, vanity projects so imprudent that no British or European bank would touch them. ...
Top UK civil servant reviews HS2 project image
Source : Guardian [Read Article] Monday 2nd of May 2016 01:25:10 PM
. Britain’s most senior civil servant, Sir Jeremy Heywood, is reviewing HS2 as fears grow that the high-speed railway cannot be built within its £55bn budget in its current form. ...
Lord Adonis: HS3 could be the rail revolution of the 21st century image
Source : Guardian [Read Article] Wednesday 27th of April 2016 12:01:51 PM
.... It will act, both directly and indirectly, as a catalyst driving skills and employment. In the mid-2020s, at the peak of construction, HS2 will employ 25,000 people, supporting up to 2,000 apprenticeship opportunities, with the potential for an additional 400,000 jobs in the wider economy. ...
Tata Steel deal saves 4,400 jobs in UK image
Source : Guardian [Read Article] Monday 11th of April 2016 10:53:20 AM
....Unite added that the government must now take steps to support the business to ensure workers are not left high and dry if they accept new working conditions. “This means supporting steelworkers by ensuring infrastructure such as HS2 and defence projects are built with British steel, as well as tackling the dumping of cheap imports and high energy costs, which is leaving steelworkers fighting with one hand tied behind their backs,” Unite said. ...
Tycoon in talks over Port Talbot sale image
Source : BBC [Read Article] Sunday 3rd of April 2016 04:40:26 PM
....Shadow chancellor John McDonnell suggested the government could maintain a stake in the plant after a sale. He has also urged ministers to speed up infrastructure projects, such as HS2, to support the steel industry and encourage investment. ...
UK plays down China steel tariff fears image
Source : BBC [Read Article] Saturday 2nd of April 2016 04:37:00 PM
.... . Labour's deputy leader Tom Watson told the BBC the government had been "on the back foot", and should have changed procurement rules to ensure a role for British steel in big projects such as HS2. ...
PM raises steel concerns with Chinese image
Source : BBC [Read Article] Friday 1st of April 2016 10:49:39 PM
....But to get that long term relationship, the UK might need to look away from certain Chinese trade practices. Labour's deputy leader Tom Watson told the BBC the government had been "on the back foot", and should have changed procurement rules to ensure a role for British steel in big projects such as HS2. ...
Steel crisis: builders, manufacturers and carmakers urged to buy British image
Source : Guardian [Read Article] Thursday 31st of March 2016 06:58:05 PM
....Terry Scuoler, chief executive of EEF, said: “Better use of public procurement is a vital part of the future of the steel industry in the UK. “Government has a vital role to play in ensuring that British steel companies are given the opportunity and, where possible, assistance through the contracting process to secure orders for major infrastructure projects from HS2 to Hinkley Point. ...
George Osborne is a Roman emperor indulged in all his follies and fads | Simon Jenkins image
.... Having made the mistake of authorising Crossrail 1 in 2010, Osborne must now pay for the far more sensible Crossrail 2 – the north/south railway linking Surrey to Hertfordshire via central London – but he must do so from a severely diminished pot. What of our old friend HS2, connecting London, Birmingham, the east Midlands, Leeds, Sheffield and Manchester? Its backers must have shuddered at its conspicuous absence from Osborne’s list of boasts. ...
Call to 'kick-start' HS3 rail link image
Source : BBC [Read Article] Tuesday 15th of March 2016 12:16:33 AM
...."This is going to be a phased approach. It's not going to be one big bang like HS2, which is the creation of a completely new line from nothing," he told the BBC. ...
Osborne's budget to set in motion high-speed rail and road tunnel schemes image
....”. The move is likely to be welcomed by MPs in northern England and unlikely to cause the sort of controversy aroused by the HS2 London to Manchester link, which has been fiercely resisted by local communities, seen costs spiral to £50bn and triggered warnings about the risks of derailment. ...
Londoners should pay at least half of Crossrail 2 bill, Lord Adonis says image
Source : Guardian [Read Article] Thursday 10th of March 2016 12:04:12 PM
....London should pay at least half of the expected £33bn bill for Crossrail 2, but the development of the north-south rail line should be a priority with benefits for the entire nation, according to Andrew Adonis, the NIC chair. Adonis called on the chancellor to release funding in next week’s budget to produce plans for the rail link in a year’s time, to ensure it opens in 2033, when HS2, the £55bn high-speed rail network, will link London to Birmingham, Manchester and Leeds. ...

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