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Osborne: No further spending on £50bn HS2

George Osborne welcomed David Higgins' recommendations for HS2 but warned there will be "no increases" on the £50 billion project. The boss of HS2 challenged politicians to pave the way for a faster building of the high-speed line to reduce spending.

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HS2 boss: Project needs 'bipartisan support'

HS2 boss Sir David Higgins says the high-speed rail project needs support across the political divide if it is to succeed, ITV News' Deputy Political Editor Chris Ship reports.

Speaking on the BBC's Andrew Marr show yesterday, Shadow Chancellor Ed Balls said: “I hope he [Sir David] will show he has got the costs down and got a grip on this project. If he doesthat, we will support this at second reading in the next few weeks.”

However, today's report on the project offered a number of recommendations but no new cuts.

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