London's much-maligned HS2 high-speed rail initiative is bracing for another hard truth. The government is finally set to unveil a fresh estimate for its colossal cost and a revised timeline for completion. The twist? Trains might run slower to save a buck.
Transport Secretary Heidi Alexander is expected to deliver the first official accounting of the project's budget in 2026 prices, with backers nervously hoping it stays south of £100 billion. A chilling figure, to be sure.
She’ll also map out when trains are actually slated to begin operations between London and Birmingham, part of a long-promised “reset” for the embattled project’s construction and contracts. Last year, the deadline for completion was already pushed past 2033. It’s been a saga.
HS2 Ltd chief executive Mark Wild reportedly submitted his full review findings months ago. Ministers have been weighing
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