To ask the Secretary of State for Transport, how much of the current £55.7 billion budget for High Speed 2 is for (a) phase 1, (b) phase 2A and (c) phase 2B; and what the contingency budget is for each such phase.
Answered on
3 May 2016
The 2015 Spending Review reconfirmed the Government’s commitment to the programme providing a long-term funding envelope of £55.7bn in 2015 prices. A breakdown of this envelope with and without contingency has been provided below:
£'bn, 2015 Prices | Phase One | Phase 2a | Phase 2b | Rolling Stock | Total |
Without Contingency | 18.0 | 2.7 | 14.7 | 5.4 | 40.8 |
With Contingency | 24.3 | 3.7 | 20.7 | 7 | 55.7 |
Answered by
Department for Transport