Ministers tell HS2 to consider slower train speeds to cut costs

An artist’s impression of a HS2 train. The six-monthly update has put the total expenditure of HS2 to date at £46.2bn at current prices. Photograph: HS2/PA

Ministers have told High Speed Two to consider running its trains at lower speeds, in an attempt to rein in the spiralling budget and begin operations as soon as possible.

HS2 Ltd will assess whether limiting the speed to 186mph (300km/h) instead of 224mph could save money – potentially billions of pounds – and bring the railway into being earlier in the 2030s.