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e9EI3Pjx
a
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Answer
Written answer
answer has question
SQ7OAK4d
answer has answering person
Daniel Grian Alexander
answer text
<p>[holding answer 11 September 2013]: The 2013 spending round set a funding envelope for High Speed 2 of £42.6 billion for construction costs (£21.4 billion for Phase 1 and £21.2 billion for Phase 2) and £7.5 billion for rolling stock, including £16.1 billion of contingency, in 2011 prices. This envelope also makes provision for a property consultation package which goes beyond statutory requirements.</p><p>The Government expects the railway to be delivered for less than this long-term envelope, and the Secretary of State for Transport has set HS2 Ltd a lower ‘target price' of £17.16 billion to deliver Phase 1. More detail on the Government's long-term capital spending plans is available in “Investing in Britain's Future”:</p><p>https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/209279/PU1524_IUK_new_template.pdf</p>
answer given date
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HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
e9EI3Pjx
answering body has answer
e9EI3Pjx
SQ7OAK4d
question has answer
e9EI3Pjx
Daniel Grian Alexander
answering person has answer
e9EI3Pjx