High Speed 2 Line: Old Oak Common Station

(asked on 13th February 2024) - View Source

Question to the Department for Transport:

To ask His Majesty's Government what assessment they have made of whether the work on the section of HS2 from Old Oak Common to Euston can be funded by the private sector without taxpayer funding; and what are the sources of funding for continuing work on (1) preparing for tunnelling main bores from Old Oak Common towards Euston, and (2) installing boring machines for above main bores.

Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 20th February 2024

As set out in Network North, the Government remains committed to delivering HS2 between Birmingham and Euston in central London as planned. The Government’s ambition remains to make best use of funding from alternative sources to enable the delivery of HS2 to Euston and the creation of a transformed ‘Euston Quarter’. Government continues to define and develop a range of development models and financing mechanisms to best meet the objectives of the ‘Euston Quarter’ while delivering value for money for the taxpayer. This includes consideration of options for using alternative funding to cover the section of HS2 from Old Oak Common to Euston.

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