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HS2 costs could top £100bn and trains will be slower than first planned

HS2 costs could top £100bn and trains will be slower than first planned

Summary

The UK government announced that the HS2 high-speed rail project could cost up to £102.7 billion and will be delayed by up to six years, with trains starting service between 2036 and 2039. To reduce costs, the trains will run at a top speed of 320 km/h instead of the original 360 km/h.

Key Facts

  • The HS2 project cost estimate has risen to between £87.7 billion and £102.7 billion as of 2025 prices.
  • Train services are now expected to start between 2036 and 2039, delayed from the previous 2033 target.
  • The planned top speed for HS2 trains has been lowered from 360 km/h (224 mph) to 320 km/h to save up to £2.5 billion.
  • The project was originally forecast to cost around £75 billion in today's money when planned to reach Manchester and Leeds.
  • The current route focuses on connecting London to Birmingham.
  • Two-thirds of the cost increase is attributed to underestimated expenses by the previous government, poor project management, and missing work scopes.
  • One-third of the increase is due to inflation.
  • The full service including London Euston to Birmingham Curzon Street and a West Coast Main Line connection is expected between 2040 and 2043.
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