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High Speed 2 Line: Costs

Question for Department for Transport

UIN 150544, tabled on 6 June 2018

To ask the Secretary of State for Transport, what recent estimate he has made of the cost to the public purse of High Speed Two, Phase 1 at today's prices.

Answered on

15 June 2018

A long term funding envelope of £27.18bn has been established for HS2 Phase 1, expressed in 2015 prices. We are determined to deliver Phase 1 within this amount to provide the best value for tax payers. On this basis, all costs are expressed in a comparable price base to ensure we effectively monitor progress towards this objective.