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Report
HS2 project needs ‘fundamental reset’ says boss
National World - LocalTV
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31/12/2024
The HS2 project is in a "very serious situation" and needs a "fundamental reset", the new boss of the the high-speed railway company has warned.
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00:00
The HS2 project is in a very serious situation and needs a fundamental reset, the new boss of
00:06
the high-speed railway company has warned. Mark Wilde, chief executive of HS2 Ltd,
00:13
said that he is committed to ensuring the railway opens safely and efficiently.
00:18
His comments come after HS2 Ltd published an update outlining the process in building
00:24
the 140-mile line between London and the West Midlands.
00:29
The government's last estimate of the overall cost of the remaining Birmingham to London stretch
00:34
is between £45 billion to £54 billion. HS2 started as a labour project announced in 2009,
00:43
it has since been hit with setbacks and soaring costs. It was originally meant to connect London
00:49
with Birmingham, Manchester and Leeds, but the link between Birmingham and Manchester
00:54
was scrapped by Prime Minister Rishi Sunak in October 2023.
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