{"id":62568,"date":"2019-09-03T13:20:13","date_gmt":"2019-09-03T12:20:13","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=62568"},"modified":"2019-09-03T13:20:13","modified_gmt":"2019-09-03T12:20:13","slug":"hs2-5-year-delay","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/hs2-5-year-delay\/62568\/","title":{"rendered":"HS2 faces five year delay as \u201cmore realistic timescale\u201d is needed"},"content":{"rendered":"<h2>HS2 could be delayed by more than five years, as Boris Johnson orders a review of the scheme to determine whether it should go ahead or be abandoned<\/h2>\n<p>The <a href=\"https:\/\/www.gov.uk\/government\/organisations\/department-for-transport\" target=\"_blank\" rel=\"noopener\">Department for Transport<\/a> has announced an inquiry into the high-speed rail link, which will help &#8220;inform the government&#8217;s decisions on next steps for the project&#8221;.<\/p>\n<p>In a written statement to MPs, transport secretary Grant Shapps, stated: \u201cColleagues will see that the chairman of HS2 does not believe that the current scheme design can be delivered <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/hs2-costs-30bn\/60443\/\" target=\"_blank\" rel=\"noopener\">within the budget of \u00a355.7bn<\/a>, set in 2015 prices.<\/p>\n<p>&#8220;Instead, he estimates that the current scheme requires a total budget \u2013 including contingency \u2013 in the range of \u00a372-78bn, again in 2015 prices.<\/p>\n<p>\u201cRegarding schedule, the chairman does not believe the current schedule of 2026 for initial services on Phase One is realistic.<\/p>\n<p>\u201cIn line with lessons from other major transport infrastructure projects, his advice proposes a range of dates for the start of service. He recommends 2028 to 2031 for Phase One \u2013 with a staged opening, starting with initial services between London Old Oak Common and Birmingham Curzon Street, followed by services to and from London Euston later.<\/p>\n<p>\u201cHe expects Phase 2b, the full high-speed line to Manchester and Leeds, to open between 2035 and 2040.<\/p>\n<p>\u201cHe has also suggested that Phase 2a, <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/mps-hs2-vote\/60128\/\" target=\"_blank\" rel=\"noopener\">West Midlands to Crewe<\/a>, could be delivered to the same timetable as Phase 1, subject to Parliamentary approval.\u201d<\/p>\n<p>He added: \u201cFurthermore, the costs and benefits of HS2 have been quoted in 2015 prices since the last Spending Review. While this allows a stable set of numbers to compare against, it also risks being misconstrued and understating the relative cost of the project, and indeed its benefits.<\/p>\n<p>\u201cI therefore think it is worth also updating the House in current prices. Adjusting by construction cost inflation, the range set out in Allan Cook\u2019s report is equivalent to \u00a381-88bn in 2019 prices, against a budget equivalent to \u00a362.4bn.<\/p>\n<p>\u201cTo be clear, these additions do not represent an increase in the project\u2019s underlying costs, and are largely a point of presentation.<\/p>\n<p>&#8220;Nonetheless, I will discuss with the Chancellor the case for updating the costs and benefits of HS2 to current prices to ensure transparency. Again, this is another reason for an independent review.\u201d<\/p>\n<p>Commenting on the announcement, Sir John Peace, chair of <a href=\"https:\/\/www.midlandsconnect.uk\/\" target=\"_blank\" rel=\"noopener\">Midlands Connect<\/a> and Midlands Engine, said: \u201cHS2 is the best way to add the extra rail capacity we so desperately need to rebalance our country\u2019s economy. It\u2019s encouraging that the government has confirmed that construction work will continue while the review is ongoing.<\/p>\n<p>\u201cAlthough any delay is very disappointing, this is a project we will all benefit from for the next hundred years and more. It\u2019s well worth waiting for.<\/p>\n<p>\u201cNow that we have an up-to-date account of how much HS2 will cost, we must also take a closer look at the benefits, which I don\u2019t believe have been fully quantified or appreciated.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>HS2 could be delayed by more than five years, as Boris Johnson orders a review of the scheme to determine whether it should go ahead or be abandoned.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[276,473,579,280],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-62568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-government","8":"tag-hs2","9":"tag-infrastructure","10":"tag-transport"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HS2 faces five year delay as \u201cmore realistic timescale\u201d is needed<\/title>\n<meta name=\"description\" content=\"HS2 could be delayed by more than five years, as Boris Johnson orders a review of the scheme to determine whether it should go ahead or be abandoned\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/hs2-5-year-delay\/62568\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HS2 faces five year delay as \u201cmore realistic timescale\u201d is needed\" \/>\n<meta property=\"og:description\" content=\"HS2 could be delayed by more than five years, as Boris Johnson orders a review of the scheme to determine whether it should go ahead or be abandoned\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/hs2-5-year-delay\/62568\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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