HS2 requires £43bn of funding for people to make the most it, government’s infrastructure tsar says | The Independent
The government’s infrastructure tsar has raised the prospect of the cost of High Speed 2 rocketing further after suggesting an extra £43bn of funding is needed to ensure people can make the most of the scheme.
Sir John Armitt, chair of the National Infrastructure Commission, said more investment was needed to prevent users of the new line encountering “inadequate public transport links” around major stations.
The additional funding would take spending on HS2 to £99bn – three times the original 2013 estimate of £33bn and close to double the current forecast.
The scheme is currently due to cost £56bn but a recent Cabinet Office assessment said it was “highly likely” to cost at least 60 per cent more, taking the total to more than £80bn. HS2 requires £43bn of funding for people to make the most it, government’s infrastructure tsar says | The Independent