High Speed 2 Railway Line:Written question - HL4189

Q
Asked by Lord Berkeley
Asked on: 15 December 2016
Department for Transport
High Speed 2 Railway Line
Lords
To ask Her Majesty’s Government whether they are still committed to the £55.7 billion allocated in the 2015 Spending Review for HS2 and, if so, what are the budgets for (1) purchase of rolling stock, and (2) all development, construction and commissioning work for Phase 1, Phase 2A and Phase 2B.
A
Answered on: 21 December 2016

Spending Review 2015 set a long term funding envelope for HS2 of £55.7 billion in 2015 prices. The Government remains committed to delivering HS2 within this funding envelope. A breakdown of the funding envelope, with and without contingency, has been provided below:

£ billion, 2015 Prices

Phase One

Phase 2a

Phase 2b

Rolling Stock

Total

Without contingency

18.0

2.7

14.7

5.4

40.8

With contingency

24.3

3.7

20.7

7.0

55.7

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