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HS2 faces further cuts and delays

HS2 faces further delays of up to four years and more cuts under plans being drawn up by ministers to rein in ballooning costs on the high-speed rail link.

Transport department officials have launched “Project Silverlight”, aimed at finding cost savings through a combination of delays and cuts. It has also launched “Operation Blue Diamond”, which is looking at cuts across the project.

The extra delays would mean that the high-speed rail link, the UK’s biggest infrastructure project, would not be completed until 2045 – 12 years later than originally planned.

The FT (£)

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