High Speed 2 (HS2) is a planned high-speed railway line and network of passenger train services in Great Britain.
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The entirety of the HS2 rail link between London and Birmingham is to be scrapped and replaced with a train of Dacia Sanderos welded together, the government has announced.
Under the current plans, GBR would replace Network Rail as the operator of rail infrastructure, also controlling the contracting of train operations, the setting of timetables and fares, and the collection of fare revenue in the majority of England.
HS2 was originally envisaged to operate more trains an hour and higher speeds than any comparable high-speed line elsewhere in the world. It has been estimated that this pushed up costs by about 10 per cent.
How much will tickets cost? There is likely to be a premium of between 20 and 33 per cent for using the fast service. That would in theory push the cost of a London-Manchester Anytime ticket from £180 to £240 at 2020 prices, which works out at 6p per second.
The contract for the first batch was awarded to a 50/50 joint venture between Hitachi Rail and Alstom, for 54 conventional compatible trains, which will be constructed in the United Kingdom.