High Speed 2 Line: Finance

Summary

To ask Her Majesty's Government what is their latest funding envelope for HS2, broken down by (1) Phase 1 (Euston to Old Oak Common), (2) Phase 1 (Old Oak Common to the West Midlands), (3) Phase 2a, (4) Phase 2b Western Leg, and (5) Phase 2b Eastern Leg.

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Timeline

1. 2 November 2020

   Written question

   To ask Her Majesty's Government what is their latest funding envelope for HS2, broken down by (1) Phase 1 (Euston to Old Oak Common), (2) Phase 1 (Old Oak Common to the West Midlands), (3) Phase 2a, (4) Phase 2b Western Leg, and (5) Phase 2b Eastern Leg.

   Source: Lords

2. 16 November 2020

   Answer

   In April, the Government approved the Full Business Case for Phase One and set the funding envelope at £44.6 billion (2019 prices), including Euston. The overall Phase 2a estimated cost is ranged between £5-7 billion (2019 prices). Updated cost estimates ...

   Source: Written answer

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• · Department for Transport · Answering body

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