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Watchdog MPs 'more concerned than ever' about handling of HS2

£67bn project will be “very poor value for money” and DfT doesn’t understand how scaled-back proposals will work, Public Accounts Committee warns ....

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HS2 chief says pared-back rail line could cost £67bn

Jon Thompson warns MPs soaring inflation will add up to £10bn to current estimate of £49bn-£56.6bn ....

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HS2 to appoint chief railway officer to control costs in lesson learned from Crossrail

HS2 Ltd non-executive chair Sir Jon Thompson told parliament’s Public Accounts Committee (PAC) on Thursday, 16 November, that the move was based on ....

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HS2 Phase 1 'cost close to exceeding benefit' as officials blame civils contracts

The DfT’s latest assessment has found that the benefit-cost ratio (BCR) of the London to Birmingham leg of the megaproject is between 1.1-1.8, with the ....

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Next HS2 boss faces 'tougher performance-related-pay regime', MPs told

Jon Thompson says overbudget rail project won’t repeat £645k package for last chief exec ....

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