High Speed 2 (HS2) is a planned high-speed railway line and network of passenger train services in England.
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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.
Northern HS2 line set to be scrapped with costs 'out of control', Sky News understands. The planned railway - announced by the last Labour government but backed by successive Tory administrations - is intended to link London, the Midlands and the North of England but has been plagued by delays and rising costs.
In a major infrastructure project such as this, the company in overall charge - HS2 Ltd - contracts out the work to a vast array of other companies. Companies contracted by HS2 Ltd in the early part of the project carried the risk associated with the work. That pushed prices up significantly.
A joint bid from Hitachi and Alstom has won the contract for a long-awaited, $2.6 billion order for the fleet of trains to operate on Britain's new HS2 high speed line. The 54 eight-car electric trainsets, designed to routinely operate at 225 mph, are being described as the “fastest trains in Europe.”
While HS2 Ltd. has failed to meet the key schedule performance mark, it says it remains on course to complete the work well in the range of 2029 to 2033. But when the line will reach the central London terminal at Euston is still unknown. With costs rising, the government paused work at Euston in March.
The new railway will run between the North West and South East, stopping at Manchester, Birmingham and London with trains continuing on the existing network to Scotland and elsewhere.
HS2 will be delayed by another two years and major roadbuilding schemes will be mothballed, ministers have confirmed, after soaring inflation added billions to the cost of transport infrastructure projects.