Commons Sense

House of Commons · Written Ministerial Statement

HS2 Six-Monthly Report to Parliament: March 2022

16 March 2022 · Department for Transport

Proposed by Andrew Stephenson Con Pendle

Transport

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The minister provides an update on the High Speed Two project's progress and budget details.
  • The report covers key achievements, cost management, and community engagement initiatives.
  • Future milestones for phases one, two-a, and two-b are outlined in the statement.

Issue summary

This statement provides an update on the High Speed Two (HS2) project, including progress updates and budget details.

Action requested

The minister is providing a comprehensive update on HS2's progress, budget, and future plans. The report outlines key achievements, cost management, community engagement initiatives, and future milestones for phases one, two-a, and two-b of the project.

Key facts

  • This is Andrew Stephenson's fourth update to Parliament on High Speed Two (HS2).
  • HS2 remains within budget with a total Phase One budget of £44.6bn.
  • The target cost for Phase One is £40.3bn, and an additional Government-retained contingency of £4.3bn is available.
  • £14.9bn has been spent on Phase One to date, out of the £40.3bn target cost.
  • HS2 Ltd’s delegated contingency remaining is £4.3bn after drawing £1.3bn.
  • Potential future cost pressures reported by HS2 Ltd amount to £1.7bn.
  • Savings and efficiencies identified against HS2 Ltd’s budget total over £800m.
  • The Department has set a schedule range of 2035 to 2041 for the opening of Phase 2b Western Leg (Crewe to Manchester).
  • The Integrated Rail Plan (IRP) proposes a £96bn strategy for rail construction and upgrades in the North and Midlands over 30 years.
  • HS2 Ltd’s Community and Environment Fund and Business and Local Economy Fund have supported 192 projects through £11.1m of grant funding.
  • The five-year compulsory purchase powers on Phase One ended on 23 February 2022.
  • The cost range for the Crewe-Manchester scheme is estimated at £15bn to £22bn.
▸ Assessment & feedback
Summary accuracy