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HS2 delay will increase costs, warns UK spending watchdog

UK's High Speed 2 rail line delay to increase costs and pile new costs on to the beleaguered project, according to a report from the public spending watchdog, National Audit Office.

  • Delay in HS2 project to increase costs and add to the project's already soaring price tag of up to £100bn.
  • National Audit Office calls for reassessment of plans for London Euston station.
  • Delay will lead to additional costs including supply chain disruptions and contractual changes.
  • Rebuilding of Euston station, HS2's final stop in London, is now £400mn more expensive than the original.
  • NAO report recommends resetting HS2's costs and budget into 2023 prices.
HS2 delay will increase costs, warns UK spending watchdog
Rail line’s price tag has soared from £33bn a decade ago to as much as £100bn

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