Speeches

Lord Stoddart of Swindon – 2015 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lord Stoddart of Swindon on 2015-11-23.

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

Lord Ahmad of Wimbledon

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.