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Reading: Railway boss: HS2 to Birmingham might cost up to £65 billion.
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Baner Club > Blog > Business > Railway boss: HS2 to Birmingham might cost up to £65 billion.
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Railway boss: HS2 to Birmingham might cost up to £65 billion.

The London to Birmingham stretch of the HS2 railway could cost more than £65bn in current prices, the boss of the company building it has said.

Last updated: 2024/01/10 at 5:44 PM
Published January 10, 2024
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According to Sir Jonathan Thompson, over the previous few years, the cost of materials like steel and concrete has increased, adding between £8 and £10 billion. The government canceled the portions that connected Manchester, the East Midlands, and the West Midlands in October. On the expense of constructing the remaining portion, HS2 Ltd. and the government are at odds. According to the business, the cost of the London-Birmingham stretch in 2019 would range from £49 billion to £56.6 billion. According to the government, it should be delivered for between £45 billion and £54 billion. These approximations were assembled prior to the announcement in October. But Sir Jonathan doesn’t think £45 billion is feasible. Although he expressed doubts, he claimed the cost might be less if taxpayer money wasn’t used to build a new station at Euston.

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osama abdullah January 10, 2024 January 10, 2024
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