High Speed 2 Railway Line

(asked on 28th February 2019) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what recent estimate he has made of the cost of High Speed Two; and what recent assessment he has made of the value for money of that project.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
This question was answered on 6th March 2019

The Spending Review 2015 confirmed a funding envelope for the whole of HS2 of £55.7bn at 2015 prices. DfT remains determined that the project will be delivered within the £55.7bn funding envelope.

The benefit-cost ratio for the HS2 network as a whole, including wider economic impacts, suggests that for every £1 invested the UK will receive £2.30 of benefits.

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