High Speed Two: Finance

(asked on 21st May 2026) - View Source

Question to the Department for Transport:

To ask His Majesty's Government what latest estimate they have made of the of revenue and losses in the first operational year of HS2.


Answered by
Lord Hendy of Richmond Hill Portrait
Lord Hendy of Richmond Hill
Minister of State (Department for Transport)
This question was answered on 5th June 2026

DfT worked with HS2 Ltd to provide high level assessment of the changes to the operational costs as part of the Accounting Officer Assessment for the Reset. However, as the Reset Ranges focus on the capital cost of delivery, an Operational Expenditure Baseline is currently being produced as part of Baseline 8.0, and DfT and HS2 Ltd are continuing to work together on the updated Business Case to be published in 2027.

Reticulating Splines