HS2 `could go £30bn over budget`
(The Guardian Business News)

Cost of rail line could spiral to £85bn, chairman of project reportedly warns The planned HS2 high-speed railway line could surpass its budget by up to £30bn, the chairman of the project has reportedly warned. Allan Cook has written to Bernadette Kelly, the permanent secretary at the Department for Transport, to warn that the high-speed line from London cannot be finished within the official £56bn budget, the Financial Times reported. Continue reading...