High Speed 2 Railway Line
(asked on 15th December 2016) - View Source
Question to the Department for Transport:
To ask Her Majesty’s Government whether they are still committed to the £55.7 billion allocated in the 2015 Spending Review for HS2 and, if so, what are the budgets for (1) purchase of rolling stock, and (2) all development, construction and commissioning work for Phase 1, Phase 2A and Phase 2B.
Answered by
Lord Ahmad of Wimbledon
Minister of State (Foreign, Commonwealth and Development Office)
Spending Review 2015 set a long term funding envelope for HS2 of £55.7 billion in 2015 prices. The Government remains committed to delivering HS2 within this funding envelope. A breakdown of the funding envelope, with and without contingency, has been provided below:
£ billion, 2015 Prices | Phase One | Phase 2a | Phase 2b | Rolling Stock | Total |
Without contingency | 18.0 | 2.7 | 14.7 | 5.4 | 40.8 |
With contingency | 24.3 | 3.7 | 20.7 | 7.0 | 55.7 |