High Speed 2 — [Mr George Howarth in the Chair]

Part of the debate – in Westminster Hall at 9:30 am on 12th September 2018.

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Photo of Robert Syms Robert Syms Conservative, Poole 9:30 am, 12th September 2018

At this stage in the project, apart from drawing up plans, the biggest cost is the compensation schemes. The reason why billions of pounds are being spent at the moment is because the project is buying homes up and down the line because of MPs agitating for decent compensation schemes. Some of the money will come back in due course, because after 20 years the homes will be sold at a profit.