HS2 trains will not run for another DECADE as cost balloons to £102.7billion

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HS2 trains will not run for another DECADE as cost balloons to £102.7billion.

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HS2 trains will not run for another decade, as the cost has ballooned up to £102.7billion, Transport Secretary Heidi Alexander announced today.Speaking in the Commons, Ms Alexander revealed the expected final bill reached the hefty sum, yet the high-speed rail will not open until at least 2039.

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It gives me no pleasure to say the expected cost of completing HS2 is now between £87.7billion and £102.7billion, priced in 2025," she told MPs.The first services between Old Oak Common in London and Birmingham's Curzon Street station will not begin until May 2036 at the earliest.However the opening could slip further to October 2039.The Lewisham East MP said she was "angry" about the "obscene increase in time and costs".

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Two-thirds of this increase is down to past misunderstanding of the work required, underestimation and inefficiency, issues within the control of HS2 Ltd, some of its suppliers, and previous Governments," she complained."The remaining third is linked to inflation, which was...

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