HS2 spends an extra £500m as minister admits ‘concern’ at growing costs

BBVS Old Oak Common HS2 site handover

Source: HS2 Ltd

Main civils work and Euston station job behind hike on project

The minister responsible for HS2 has raised concerns about the rate at which costs on the project are growing.

In his six month report to parliament yesterday, Andrew Stephenson said HS2 had used up an additional £500m of its £5.6bn contingency fund since his last update.

 

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