HS2 will now cost over £100bn and will not start running until 2039 –13 years later and almost £60bn more than planned, the transport secretary has warned.
In an update on the beleaguered scheme, Heidi Alexander told the Commons on Tuesday that the expected costs of the high-speed railway have ballooned to between £87.7bn and £102.7bn – making it more expensive than Nasa’s Artemis II mission to send four astronauts to the Moon.