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Examination of Witnesses

Part of High Speed Rail (Preparation) Bill – in a Public Bill Committee at 12:00 pm on 9th July 2013.

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Sarah Hayward: The compensation package, as we understand it, is wholly inadequate for the devastation that will be caused in Camden, not just in the Euston area but across the whole borough. My understanding is that HS2 currently has about £1.3 billion allocated for compensation across the whole of phase 1. We estimate—we are doing more work to understand this—that around £1 billion of compensation is needed to re-house people, compensate businesses, provide relocation costs and so on in Camden. That has simply not been budgeted for at all. It is wholly inadequate at the moment.