High Speed 2 Railway Line

Department for Transport written question – answered on 7th May 2019.

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Photo of Tulip Siddiq Tulip Siddiq Labour, Hampstead and Kilburn

To ask the Secretary of State for Transport, whether the total budget for High Speed 2 will be uprated from 2015 to 2019 prices; and whether the revised benefit cost ratio calculation for that project will include benefits that arise from expenditure on (a) local regeneration strategies and (b) other wider economic impacts in the cities along the High Speed 2 route.

Photo of Nusrat Ghani Nusrat Ghani Parliamentary Under-Secretary (Department for Transport), Assistant Whip (HM Treasury)

The decision whether to uprate the total HS2 budget from the current 2015 price base will be taken alongside the Spending Review.

The Spending Review will also consider the latest benefits associated with High Speed 2. This will include Wider Economic Impacts in line with the department’s Transport Appraisal Guidance.

The department is working with local authorities across the UK to develop growth strategies to ensure the benefits of HS2 are fully realised in local areas.

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