Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Government denies HS2 will be over budget

Department for Transport insists scheme will stay within its £42bn estimate

Nigel Morris
Sunday 18 August 2013 20:13 BST
Comments
The HS2 project is bitterly opposed by some MPs
The HS2 project is bitterly opposed by some MPs

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The Government has restated its commitment to the controversial HS2 rail project, despite a warning that its eventual cost could almost double to £80bn.

A study by the Institute for Economic Affairs (IEA), which concluded the controversial scheme “defines economic logic”, added to growing criticism of the proposals.

The think-tank called for ministers to abandon the project to build a 250mph rail link between London and Birmingham by 2026, followed by further lines to the North of England six years later.

But the Department for Transport insisted the scheme would stay within its £42bn estimated budget and added: “HS2 is absolutely vital for this country, providing a huge economic boost.”

In an analysis published today (MON), the IEA says the scheme's cost has been vastly underestimated and had failed to take into account changes to routes and extra tunnelling because of local opposition.

Richard Wellings, its author, said: “The evidence is now overwhelming that this will be unbelievably costly to the taxpayer while delivering incredibly poor value for money.”

In a separate report, the Campaign for the Protection of Rural England (CPRE) claims life in towns and villages up to 25 miles from the high-speed rail route will be disrupted while it is being built.

According to the CPRE, residents of towns such as Thame in Oxfordshire and Leamington Spa in Warwickshire will have to endure for years the sound of millions of journeys by construction lorries.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in