To ask Her Majesty’s Government what is their latest projection of the cost of HS2 at completion including motive power units and carriages.
4 December 2015
The Spending Review 2015 settlement announced by the Chancellor on 25 November sets out an updated funding envelope for delivering the HS2 project in 2015 prices of £55.7bn. This includes provision for rolling stock, including motive power. The underlying budget for this project has not changed. At SR13 we announced that the total budget was £50.1bn in 2011 prices and it has been uprated to 2015 prices.