High Speed 2 Railway Line

Department for Transport written question – answered on 4th December 2015.

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Photo of Lord Stoddart of Swindon Lord Stoddart of Swindon Independent Labour

To ask Her Majesty’s Government what is their latest projection of the cost of HS2 at completion including motive power units and carriages.

Photo of Lord Ahmad of Wimbledon Lord Ahmad of Wimbledon Parliamentary Under-Secretary (Department for Transport), Parliamentary Under-Secretary

The Spending Review 2015 settlement announced by the Chancellor on 25 November sets out an updated funding envelope for delivering the HS2 project in 2015 prices of £55.7bn. This includes provision for rolling stock, including motive power. The underlying budget for this project has not changed. At SR13 we announced that the total budget was £50.1bn in 2011 prices and it has been uprated to 2015 prices.

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