Government Faces Decision on HS2 as Costs Spiral to Over £71 Billion
-
Former transport secretary Grant Shapps says reviewing HS2 plans is sensible given soaring costs and inflation.
-
The government is expected to make a decision on HS2's future this week, potentially cancelling the Birmingham to Manchester leg.
-
Total costs for HS2 could now exceed £71bn, not accounting for recent spikes in inflation.
-
Prime Minister Sunak and Chancellor Hunt are concerned about HS2's mounting costs.
-
Business leaders signed a letter urging the government to renew commitment to HS2 due to the uncertainty.