Lord Framlingham – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lord Framlingham on 2016-01-26.

To ask Her Majesty’s Government how much public money has been spent on HS2 to date; how much is estimated to be spent in the next financial year; what is the estimated final cost to the public purse; and what is the projected completion date.

Lord Ahmad of Wimbledon

To date (2009/10 – Dec 2015) the government has spent £1.4bn on the HS2 programme. The Department for Transport and HS2 Ltd are currently in the process of finalising their estimates for the next financial year (2016/17). The 2015 Spending Review reconfirmed the Government’s commitment to a long-term funding envelope for delivering the HS2 programme at £55.7bn in 2015 prices. Phase One and Phase 2a are scheduled to be complete by 2026 and the remainder of Phase Two is expected to be completed by 2034.