Context
A total of £573 million had been spent acquiring land for HS2 phase 2 as of October 2023. The question concerns the net cost to the public purse from land purchases and planned sales.
Question
What estimate has he made of the net cost to the public purse of land purchased and planned for sale in connection with HS2 phase 2?
Answer from Huw Merriman
As of October 2023, a total of £573 million had been spent acquiring land and property assets on phase 2. That includes all property asset types such as plots of land, farmland, farms, commercial property and domestic property. Any land and property asset that is no longer required will be sold, and a programme is being developed to do that.
Not addressed: Did not provide an estimate of the net cost to the public purse
How: Developing A Programme To Sell Land
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