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He has also said that the construction of HS2 itself is having no impact on local prices and local building site productivity.
Earlier this week, in response to a written question from fellow MP Steve Baker, Stephenson said that “HS2 Ltd, the Department for Transport, and colleagues at the Department for Business, Energy & Industrial Strategy are monitoring [the materials situation] closely, but do not have any information to suggest that HS2 is having a material impact on material availability or pricing at this time”.
However, board minutes from the beginning of June – and just made public – reveal that an internal review of the northern leg will be carried out to factor in any potential impact of the ongoing materials crisis.