UK set to back high-speed railway despite soaring costs

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UK set to back high-speed railway despite soaring costs
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It is forecast that the project could cost more than £100 bil – double an official 2015 estimate. FMTNews highspeedrailway

The HS2 has been dogged by controversy owing to projected spiralling costs and damage to wildlife.

It is forecast that the project, aimed also at cutting congestion on existing railway lines linking major UK cities, could cost more than £100 billion – double an official 2015 estimate. Following a convincing general election victory for his Conservative party in December, Johnson has pledged huge improvements to rail infrastructure across northern England as part of the government’s bid to rebalance Britain’s London-centric economy.

At the same time, it was revealed that rather than opening in 2026, the first phase of HS2 would not operate until between 2028 and 2031. Preparatory costs are said to have already hit £8 billion. The “root and branch” review of the rail sector, including improvements to freight travel, is chaired by Keith Williams, a former chief executive of British Airways.Governments are coming under pressure to promote cleaner travel amid increasing public pressure to tackle climate change by slashing carbon emissions.

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