To ask the Secretary of State for Transport, what estimate he has made of the (a) total costs incurred to date and (b) total expenditure required for land and property acquisition in relation to Phase 1 of High Speed Two.
22 February 2021
a) The costs incurred to date for land and property acquisition is £2,345 million. Within this £1,202 million is for Compulsory Purchase, £287 million for Schemes, £624 million through Private Agreement, and £232 million for Statutory Blight.
b) The final amount of compensation payable will be dependent on a number of factors including the take-up of discretionary schemes. HS2 Ltd is currently tracking to deliver its programme of acquisitions within the funding envelope agreed with the Department.