The cost of building HS2 is “getting totally out of control”, the chancellor has admitted, as speculation mounts over the high-speed rail line’s future.
Jeremy Hunt told LBC that he understood concerns from some Tory MPs in the North and the Midlands over whether the project would be cancelled or scaled back.
But he said MPs in the so-called red wall “will also be worried if we have an infrastructure project where the costs are getting totally out of control”.
George Osborne, the former chancellor, said curtailing HS2 would “be a big blow to levelling up”.
