High Speed 2 Railway Line
(asked on 13th February 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the (a) current and (b) projected cashflow is for the High Speed 2 project in the next (i) 12 months, (ii) five years and (iii) 10 years.
This question was answered on 20th February 2019
High Speed 2’s (HS2) funding envelope is £55.7bn (in 2015 prices).
At Spending Review 2015, HS2’s annual budgets were set for five years to 2020/21. In 2019/20 HS2’s budget is set at £4.694bn and in 2020/21 it is set at £4.647bn
Future HS2 budgets will be set at the Spending Review later this year.