PARLIAMENTARY WRITTEN QUESTION
High Speed 2 Line: Euston Station (23 October 2023)

Question Asked

To ask the Secretary of State for Transport, if he will publish the methodology on the basis of which he has concluded Euston HS2 station can be delivered without public funding.

Asked by:
Mike Kane (Labour)

Answer

The Network North paper published by the Department for Transport on 4 October 2023 sets out that we will appoint a development company, separate from HS2 Ltd, to manage the delivery of this project. We will also take on the lessons of success stories such as Battersea Power Station and Nine Elms, which secured £9 billion of private sector investment and thousands of homes. So we will harness the future growth that the station will unleash to support its development, to ensure we get the best possible value for the British taxpayer - and ensure that funding is underpinned by contributions from those people and businesses its development supports.


Answered by:
Huw Merriman (Conservative)
26 October 2023

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.