UK News Now it's £1.3billion! Bill for HS2 goes up again after Covid delays

07:40  22 october  2021
07:40  22 october  2021 Source:   dailymail.co.uk

Now Harry and Meghan move into banking

  Now Harry and Meghan move into banking The Sussexes, who experts believe are well on the way to building a $1billion brand in the US, have been appointed 'impact partners' at Ethic, a New York-based fintech asset manager.The Sussexes, who experts believe are well on the way to building a $1billion brand in the US after quitting the Royal Family for independence and to earn their own money, have been appointed 'impact partners' at Ethic, a New York-based fintech asset manager pumping money into companies with what they deem acceptable environmental and social goals.

MailOnline logo © Provided by Daily Mail MailOnline logo

The cost of delivering the first phase of HS2 is set to soar by £1.3 billion, the Government has admitted.

Rail minister Andrew Stephenson announced the increase during his regular update to Parliament on the controversial £100 billion high-speed rail project.

He said ‘cost pressures’ of about £800 million reported at the previous update had risen by another half a billion pounds to £1.3 billion.

The increase is understood to be down to delays caused by the Covid-19 pandemic, and spending on plans to scale back the size of the terminal at London’s Euston Station.

PM pursuing Oliver Twist-style strategy instead of levelling up, says peer

  PM pursuing Oliver Twist-style strategy instead of levelling up, says peer Labour’s Lord Liddle said the Government’s plan involved the creation of ‘lots of funds’ for which councils had to make bids to Whitehall departments. Lord Liddle explained: “It’s London-based civil servants who are recommending what should happen, ministers consult their MPs – especially red wall Conservative MPs – about which splashes of new paint are likely to buy them the most votes.“Well, I think this is putting the regions in the position of Oliver Twist standing in the workhouse queue begging for whatever doles our London masters are prepared to spare us.

It will now be ten platforms rather than eleven. The aim to have 17 trains coming and going every hour from the hub, which will link the capital with Birmingham and Manchester, remains.

( © Provided by Daily Mail (

The ballooning cost of delivering the UK’s biggest infrastructure project will reignite fears among Treasury officials that spending is spiralling out of control.

Sources have already raised concerns about ‘astronomical’ costs, which have tripled to more than £100billion over the past decade, and the Treasury is understood to want HS2 scaled back.

The Department for Transport (DfT) and HS2 Ltd, the company set up to deliver the project, insist the project remains ‘within budget and schedule’ because the extra costs will come out of so-called ‘contingency funds’ which were factored into the overall budget.

NHS chiefs call for return to WFH and compulsory facemasks

  NHS chiefs call for return to WFH and compulsory facemasks Matthew Taylor, chief executive of the NHS Confederation, has urged the Government to implement the back-up strategy amid rising Covid-19 cases. The NHS Confederation is the membership organisation that brings together, supports and speaks for the whole healthcare system in England, Wales and Northern Ireland.Mr Taylor said the NHS is preparing for what could be 'the most challenging winter on record', and if the Government 'fails to get a grip' on rising coronavirus cases, the nation's recovery from the pandemic could be 'put at risk'.

But Labour peer Lord Berkeley, a long-time HS2 opponent who believes it could end up costing more than £150billion if completed in full, said: ‘This shows that it’s a blank cheque for this vanity project and almost nothing for the wider railway.

‘Ministers need to make a brave, sensible decision to scale it back and spend some of the money on local schemes that would make more of a difference and could be delivered in less time.’

Mr Stephenson also revealed that the bill for dealing with HS2 protestors has hit up to £80million.

He said: ‘Regrettably, some protesters have turned to violent and aggressive behaviour, particularly against HS2 Ltd’s supply chain.

‘The government is taking steps to ensure that illegal protestor activity is properly dealt with and that safety risks are minimised.’

It took an entire month to remove activists from a network of tunnels dug near Euston station earlier this year. Among the protestors was Dan Hooper, also known as Swampy.

Elvis: How did Elvis' bassist Bill Black die and what's his connection to Paul McCartney?

  Elvis: How did Elvis' bassist Bill Black die and what's his connection to Paul McCartney? ELVIS PRESLEY's bassist was Bill Black, but how did he die and what's his connection to Paul McCartney?Tragically, Bill died of a brain tumour on October 21, 1965 aged just 39 during his third operation to eradicate the growth.

( © Provided by Daily Mail (

Earlier this month Transport Secretary Grant Shapps gave his strongest hint yet that HS2’s eastern leg, which alone could cost £40billion, will be scaled back to save money.

He said ministers will not ‘blindly follow’ plans drawn up almost two decades ago when asked if the eastern leg will be scrapped.

HS2 will link London to Birmingham in Phase One before forking into two sections.

Of these, the western leg connecting Birmingham with Manchester is expected to go ahead.

But the eastern leg connecting Birmingham with Leeds looks set to be scaled back or mothballed.

It is thought a high-speed rail link between Manchester and Leeds will likely be prioritised instead.

Read more

Sunak fails to commit to eastern HS2 leg days before autumn Budget .
Rishi Sunak has refused to be drawn on the future of the eastern leg of HS2 just three days before announcing his spending plans in the autumn Budget later this week. © PA Labour's shadow transport minister Jim McMahon says if the government want northern towns and cities to be better connected, they would extend HS2 to Leeds Deflecting a question on the matter on Sky's Trevor Phillips on Sunday, the chancellor also failed to confirm whether a new Northern Powerhouse Rail link from Leeds to Manchester via Bradford would be built.An announcement on the matter will be made "shortly", Mr Sunak said.

usr: 1
This is interesting!