MPs to vote on HS2 spending - CILT(UK)
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MPs to vote on HS2 spending

31 October 2013/Categories: Industry News


MPs are set to vote on HS2's spending today (October 31st).


If passed, the move will allow money to be primarily spent purchasing property and compensating any evicted residents, as well as the potential to cover surveys.


This bill will help shape the future for the high speed rail project, which has come under scrutiny for various reasons, ranging from increased costs to not benefiting the entire country. The route itself will connect London to Birmingham by 2026, with work scheduled to start in 2017, and reach Manchester and Leeds by 2032-33.


Labour may vote against the project if costs are not reduced, the party recently drafted in Lord Adonis to act as an advisor, following previous comments from shadow chancellor Ed Balls questioning the growing expense of the project.


During the weekend, treasury secretary Danny Alexander addressed the cost issues, stating he was confident it could be brought in under its £42.6 billion budget - not inclusive of the £7.5 billion to be spent on rolling stock of locomotives required to use the high-speed service.

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