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TRANSIT CEASED PUBLICATION IN JUNE 2010

Hendy says absence of private funding for HS2 'disgrace'

Rhodri Clark
15 December 2023
Peter Hendy: HS2 itself doesn’t have a penny of private money in it. We ought to think that is a disgrace, actually.
Peter Hendy: HS2 itself doesn’t have a penny of private money in it. We ought to think that is a disgrace, actually.

 

Lord Hendy, Chair of Network Rail, has said the absence of private funding for HS2 should be regarded as a disgrace, and warned that potential investors in rail infrastructure needed more certainty than was currently available.

However, Transport Secretary Mark Harper has expressed optimism that the private sector will fund completion of HS2 from the temporary Old Oak Common terminus to London Euston, following the successful delivery of the London Underground Northern Line extension to...

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