PARLIAMENTARY WRITTEN QUESTION
High Speed 2 Line: South Yorkshire (17 February 2017)
Question Asked
Asked by:
Mr Clive Betts (Labour)
Answer
The Chancellor’s Spending Review announcement in November 2015 set out an updated funding envelope of £55.7bn in 2015 prices for delivering the HS2 project. The envelope was previously £50.1bn in 2011 prices as set out in the 2013 Spending Round. The cost of building HS2 has not changed since the 2013 Spending Round, as the long-term funding envelope has simply been uprated to 2015 prices to take account of inflation. Cost estimates for specific sections of route were revised in accordance with these figures. We do not provide further funding breakdowns for specific items due to commercial sensitivities.
Answered by:
Andrew Jones (Conservative)
22 February 2017
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