Fears grow that HS2 could cost over £100bn

 

Concerns are growing that the true cost of HS2 could eventually be more than £100bn, almost double the amount the Government has based its economic case on.

The high speed line already has a medium value for money rating based on the Department for Transort's traditional WebTAG methodology.

The analysis carried out for the appraisal of HS2 in the Economic Case found that the project had a benefit-cost ratio of 2.3 - for every £1 spent on the project would generate a benefit worth £2.30. However this includes wider economic impacts.

”Local

Prime minister Boris Johnson has suggested recently in an interview that the final cost could be more than £100bn - not the £56bn previously tabled - but that he would still 'hesitate' to cancel the scheme.

'I do think it's only responsible as an incoming government, with all the controversy surrounding the spend on HS2, which will probably be north of £100bn, it's only responsible to have a short review without interrupting the timetable at Curzon Street or anywhere else,' Mr Johnson said.

The prime minister is also establishing a review into the project to make sure the business case still works.

It is understood the Mr Johnson is keen to woo northern voters by arguing for the second phase of the high speed line - a two-branch section from  Birmingham on to Manchester and Leeds - to be built first.

A recent written parliamentary question asking for current estimates on the total cost of the project also raised eyebrows with its non committal response - a change of message after the Government had previously stuck fast to the £56bn figure.

This time transport minister Baroness Vere of Norbiton said: 'HS2 Ltd continues to update its cost estimates as the project develops. In relation to HS2 Phase One, we will make these details public as part of the business case which will inform Notice to Proceed later in 2019.'

An HS2 Ltd spokesperson declined to answer questions on what the current cost estimate is.

The spokesperon said: 'Our chair continues to scrutinise the programme, and we’re aware the prime minister has also said he will commission a review.

'HS2 is hugely important for future infrastructure needs of the country, and we’re determined to ensure we have a project that rebalances the economy and provides value for money for the taxpayer.'

Register now for full access


Register just once to get unrestricted, real-time coverage of the issues and challenges facing UK transport and highways engineers.

Full website content includes the latest news, exclusive commentary from leading industry figures and detailed topical analysis of the highways, transportation, environment and place-shaping sectors. Use the link below to register your details for full, free access.

Already a registered? Login

 
comments powered by Disqus
 
 
highways jobs

Highway Rangers

Epping Forest District Council
£24,354
Epping Forest District Council (EFDC) is seeking to recruit two Highway Rangers within our Contracts and Technical Services department Epping Forest, Waltham Abbey
Recuriter: Epping Forest District Council

Head of Highways, Transport and Recycling

Powys County Council
£77,282 – £84,102 per annum 
We are seeking to recruit a highly motivated and inspirational leader as our new Head of Highways, Transport and Recycling here in Powys. Powys
Recuriter: Powys County Council

Waste Loaders

City of York Council
£9.52 per hour
Do you have a current UK driving licence? York, North Yorkshire
Recuriter: City of York Council

General Operatives/Drivers/Gardeners

City of York Council
£9.52 to £10.30 dependent upon experience
Do you have a current UK driving licence? York, North Yorkshire
Recuriter: City of York Council

Programme Manager - Highways

Kirklees Metropolitan Council
£42,683 - £44,632
Are you an experienced, talented and collaborative Programme Manager with experience of supporting public sector transformation and change? Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

(Senior) Environmental Health Officer/Enforcement Officer

Brent Council
£35,724 - £41,706 p.a. inc.
We are looking for Environmental Health Officers; EHRB registered and has current experience in food safety and health & safety enforcement. Brent, London (Greater)
Recuriter: Brent Council

Road worker/Ground worker

City of York Council
£10.30 per hour
Have you successfully worked as part of a team? York, North Yorkshire
Recuriter: City of York Council

HGV Relief Driver

North West Leicestershire District Council
Salary Band D, £21,589- £24,799 per year (pro rata to period of contract)
We are looking to recruit temporary HGV Relief Drivers with occasional loading duties to join NWLDC’s busy Waste Services Team. Coalville, Leicestershire
Recuriter: North West Leicestershire District Council

Waste Services Worker (Loader)

North West Leicestershire District Council
Band B, £18,795 - £19,171 per year (pro rata to the length of contract)
We are looking for Waste Operations Loaders to join our Waste Services Team to undertake waste collection and other related duties. Coalville, Leicestershire
Recuriter: North West Leicestershire District Council

Chargehand/Ganger

City of York Council
£11.09 per hour
Do you have experience of excavation, reinstatement and footway maintenance schemes? York, North Yorkshire
Recuriter: City of York Council

Sustainability & Resilience Manager (maternity cover)

Essex County Council
£51510.0 - £58752 per annum
This fixed-term contract will begin in August 2020 and is expected to last until October 2021 Interviews scheduled to be held Wednesday 10th June 2020 England, Essex, Chelmsford
Recuriter: Essex County Council

Civil Service Deputy Director Roles

GOV.UK
£70,000 - £117,800 & excellent rewards
We’re looking for significant experience of engaging at C-Suite and Board levels, excellent partnership-building and... England
Recuriter: GOV.UK

Engineer (Highways Scheme Design)

Medway Council
£31,888 - £37,646 per annum
The post-holder will be required to have highway engineering expertise in order to contribute to efficient and effective provision of... Medway City Estate, Rochester
Recuriter: Medway Council

Principal Flood Risk Officer

Lancashire County Council
£42,683-£46,566
We have an exciting opportunity for a Principal Floor Risk Officer Lancashire
Recuriter: Lancashire County Council

Resources and Waste Commercial and Contracts Manager

Northumberland County Council
£47,107 - £50,394
We are looking for a strategic, innovative and performance-focused leader to join us as Resources and Waste; Commercial and Contracts Manager. County Hall, Morpeth, Northumberland
Recuriter: Northumberland County Council

Principal Planning Liaison Officer X3

Somerset County Council
£33,799 to £37,849 per annum
We have a number of fantastic opportunities in Somerset at various levels Taunton, Somerset
Recuriter: Somerset County Council

Principal Estate Roads Engineer

Somerset County Council
£33,799 to £37,849 per annum
We have a number of fantastic opportunities in Somerset at various levels Taunton, Somerset
Recuriter: Somerset County Council

Principal Travel Plan Officer

Somerset County Council
£33,799 to £37,849 per annum
We have a number of fantastic opportunities in Somerset at various levels Taunton, Somerset
Recuriter: Somerset County Council

Assistant Estate Roads Engineer x2

Somerset County Council
£25,295 to £28,785 per annum
We have 2 exciting opportunities for enthusiastic and committed individuals to join our Highways Development Management Team Taunton, Somerset
Recuriter: Somerset County Council

Design Services Manager

Lincolnshire County Council
£50,430 - £55,503
We are a team of mixed experience and skills, proud to serve the people of Lincolnshire and have fun whilst doing so! Lincolnshire
Recuriter: Lincolnshire County Council