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Cost of HS2 'could double'

The cost of the HS2 rail project could reach at least £80bn, almost double the current estimate, a report has found. The study by the Institute for Economic Affairs (IEA) called for the project to be scrapped.

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HS2 Vital says transport spokesman

HS2 is absolutely vital for this country, providing a huge economic boost which will generate a return on investment that will continue paying back for generations to come.

Without it the key rail routes connecting London, the Midlands and the North will be overwhelmed. HS2 will provide the capacity needed in a way that will generate hundreds of thousands of jobs and billions of pounds worth of economic benefits.

– Spokesman for the Department for Transport

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