HS2 may not run through to central London, new report says
Work on the first phase of the project - between London and Birmingham - is well under way and that part of the line is due to open by 2033.
The estimated cost of HS2 was between £72bn and £98bn at 2019 prices. A budget of £55.7bn for the whole of HS2 was set in 2015 - but this was made before the Leeds leg was cancelled. Mr Harper said inflation was not affecting the "overall affordability of HS2 in real terms" but it was "creating pressures against its existing annual funding settlements".
However, Lord Tony Berkeley questioned whether more services to London were needed and said money would be better spent on local and regional services.
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