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.
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