Tek cümlelik özet – The future of the HS2 rail project is being reviewed by the UK government due to concerns over public finances, with a decision expected to be made soon by Chancellor Rishi Sunak and Health Secretary Jeremy Hunt, while critics argue that the project’s costs have escalated and propose trimming or delaying it.
Bir bakışta
- The future of the HS2 rail project is currently under review by the government.
- The cancellation of the project’s northern leg is being contemplated due to factors affecting public finances, including the Covid-19 pandemic, the war in Ukraine, and inflation.
- Chancellor of the Exchequer Rishi Sunak and Health Secretary Jeremy Hunt are expected to make a decision on the project soon.
- Critics argue that the costs of HS2 have significantly escalated, with initial estimates of £33 billion rising to £71 billion and potentially nearing £100 billion.
- There is support for the project from notable figures such as former prime ministers David Cameron and Boris Johnson, as well as Andy Street, but the Labour Party is hesitant to commit without more information on costs and plans.
Ayrıntılar
The HS2 rail project’s future is currently under review, according to Transport Secretary Grant Shapps.
The government is contemplating the cancellation of the project’s northern leg due to several factors affecting public finances.
These factors include the Covid-19 pandemic, the war in Ukraine, and inflation.
Chancellor of the Exchequer Rishi Sunak and Health Secretary Jeremy Hunt are expected to make a decision on the project in the coming days.
Within the Conservative Party, there are critics who argue that the costs of HS2 have significantly escalated.
These critics propose either trimming or delaying the project.
In 2010, the project was initially estimated to cost £33 billion.
The cost has since risen to £71 billion and is now feared to be nearing £100 billion.
However, it is important to note that no final decision has been made regarding the future of HS2.
Several notable figures, including former prime ministers David Cameron and Boris Johnson, as well as Andy Street, have expressed support for the project.
The Labour Party, on the other hand, is hesitant to commit to delivering HS2 in full without more information on costs and plans.
Andy Burnham, the Labour mayor of Greater Manchester, criticizes the government’s handling of HS2.
Burnham emphasizes that the north of England should not have to choose between east-west and north-south connectivity.
In related developments, Rishi Sunak and Jeremy Hunt are expected to meet to discuss plans to potentially scrap phase two of HS2.
Phase two of HS2 is the railway line from Birmingham to the North.
The estimated cost of building the initial London to Birmingham stretch of the line is expected to increase by at least £8 billion.
Concerns are raised about the total costs of the scheme potentially exceeding £100 billion, which could jeopardize other projects.
Initial estimates of the scheme’s benefits have been reduced from £2.40 per pound spent to 90p.
As a result, the Prime Minister is preparing to announce a decision to scale back the line.
Critics describe HS2’s costs as “getting totally out of control.”
Scrapping the Birmingham to Manchester stretch alone could save up to £34 billion.
Additionally, terminating the line at Old Oak Common instead of Euston is being considered.
Campaigners criticize the scaling back of HS2, arguing that it would harm the environment.
However, HS2 Ltd, the company responsible for the project, highlights the benefits in terms of job creation and economic growth.
The estimated cost of the entire line has increased from £30 billion in 2010 to up to £98 billion before the eastern leg was scrapped.
The official infrastructure watchdog issuing a “red” rating to the project further questioned its future.
MPs are pushing for more stations along the London to Birmingham stretch if the second phase is abandoned.
makale röntgeni
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A train track splitting into two paths, one leading to a bright future and the other fading into uncertainty.
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Makalede yanlış bilgi bulunduğuna dair herhangi bir şüpheniz varsa, nereden geldiğini araştırmak için bu bölümü kullanabilirsiniz.
| theguardian.com |
|---|
| – Grant Shapps suggests that it would be wise to reassess the viability of the full HS2 rail project. – |
| There are indications that the government may consider axing the northern leg of the project. – Shapps cites Covid, the war in Ukraine, and inflation as factors that have impacted public finances. – Rishi Sunak and Jeremy Hunt are expected to make a decision on HS2 in the coming days. |
| – Some Tories argue that the project’s costs have escalated and it should be trimmed or delayed. – |
| The initial cost of HS2 has risen from £33bn in 2010 to £71bn and is now feared to be closer to £100bn. |
| – Shapps emphasizes that no final decision has been made about the future of HS2. |
| – Former prime ministers David Cameron and Boris Johnson, as well as Andy Street, have expressed support for the project. |
| – Labour is hesitant to commit to delivering HS2 in full without more information on costs and plans. |
| – Andy Burnham, the Labour mayor of Greater Manchester, believes the north of England should not have to choose between east-west and north-south connectivity. – Burnham criticizes the government’s handling of HS2 and calls for confirmation on the Birmingham to Manchester leg. |
| telgraf.co.uk |
|---|
| – Rishi Sunak and Jeremy Hunt are expected to meet to discuss plans to scrap phase two of HS2, the troubled railway line from Birmingham to the North. – |
| The estimated cost of building the initial London to Birmingham stretch of the line is expected to increase by at least £8 billion. – Concerns have been raised that the total costs of the scheme may exceed £100 billion, potentially jeopardizing other projects. – Initial estimates of the scheme’s benefits have been reduced from £2.40 per pound spent to 90p. – |
| The Prime Minister is preparing to announce a decision to scale back the line. |
| – HS2’s costs have been described as “getting totally out of control. |
| ” – The decision to scrap the Birmingham to Manchester stretch could save up to £34 billion. – |
| The decision to terminate the line at Old Oak Common instead of Euston is also being considered. – MPs are pushing for more stations along the London to Birmingham stretch if the second phase is abandoned. |
| – HS2 Ltd attributes the cost increases to inflation and the impact of the Covid pandemic. – |
| The estimated cost of the entire line has increased from £30 billion in 2010 to up to £98 billion before the eastern leg was scrapped. – |
| The future of HS2 was questioned after the official infrastructure watchdog issued a “red” rating to the project. |
| – Scaling back HS2 has been criticized by campaigners who argue it would harm the environment. |
| – HS2 argues that the project will benefit the country in terms of job creation and economic growth. – |
| The project has been affected by inflation and the Covid pandemic. |
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