Wednesday, November 20, 2024

Measures announced to ‘get a grip’ on HS2 costs

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Louise Haig, Transport Secretary, has announced measures to get back on track.

The Secretary of State has launched an independent review to make sure that lessons are learned and to ensure that HS2 costs are brought under control.

The review will be led by James Stewart, and recommendations will be given to the government as early as this winter.

This new review will look into forecasting, scheduling and costing so that lessons can be learned for future projects.

The government says that the cost has soared on Phase 1 due to ‘poor project management and the current government, led by Sir Keir Starmer, says that its primary focus is now on the delivery of the to section of HS2 at the lowest reasonable cost.

Phase 2 of HS2 was going to be the section between Birmingham and Manchester, but this was cancelled by the previous Prime Minister, Rishi Sunak, and the current government has been clear that it is not resurrecting this project.

To help lower costs, a ministerial oversight of HS2 is to be reinstated, which will see regular meetings where Lord Hendy and the Chief Secretary of the Treasury, will aim to remove obstacles from the delivery of HS2.

HS2’s contractors will also be reviewed, which could mean that some contracts are renegotiated/amended.

“One of my first as Transport Secretary has been to urgently review the position I have inherited on HS2.   

“It has long been clear that the costs of HS2 have been allowed to spiral out of control, but since becoming Transport Secretary I have seen up close the scale of failure in project delivery – and it’s dire.

“Taxpayers have a right to expect HS2 is delivered efficiently and I won’t stand for anything less.   

“I have promised to work fast and fix things and that’s exactly why I have announced urgent measures to get a grip on HS2’s costs and ensure taxpayers’ money is put to good use.  It’s high time we make sure lessons are learnt and the mistakes of HS2 are never repeated again.”

Transport Secretary Louise Haigh

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