Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

High Speed Rail cost estimates to be reviewed

19 March 2010

 

THe Government is to investigate whether there are opportunities to reduce the estimated £15.8bn-£17.4bn (2009 prices) cost of designing and building the high-speed line from London to Birmingham. The full Y-network extending to Manchester and Leeds has a price tag of £30bn.

Ministers have tasked the Government’s advisory body Infrastructure UK and the DfT to study the costings amid concern that UK construction costs are higher than in many comparable countries....

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