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HS2 6 monthly report to Parliament
13 October 2020
Type
Written Ministerial Statement
Department
Department for Transport
At a Glance
Issue Summary
The statement provides an update on the progress of High Speed Two (HS2), including affordability, schedule, delivery progress, community and environmental impact, and future plans.
Action Requested
The minister has provided a comprehensive report to Parliament detailing HS2's progress and will continue to focus on controlling costs and schedules while implementing reforms for land acquisition and improving environmental performance. The Phase 2a Bill is in the House of Lords and legislation for the Western Leg from Crewe to Manchester will be prepared.
Key Facts
- Total funding envelope for Phase One: £44.6bn (2019 prices).
- Cost projection for Phase One, including Euston: £40.3bn.
- £9.6bn spent so far on Phase One, with £11.5bn contracted and £13.9bn yet to be contracted.
- Total cost estimate range for the full HS2 network: £72bn to £98bn.
- Target completion date range for initial services from Old Oak Common to Birmingham Curzon Street: 2029 to 2033.
- Range for initial opening of services from Euston: 2031-2036.
- Phase 2a cost estimate range: £5-7bn (2019 prices).
- Approximately 1,250 properties have been acquired across all phases.
- HS2 Ltd will establish an Environmental Sustainability Committee to publish an environmental sustainability report.
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