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<p>The Government allocated an overall funding envelope for High Speed 2 of £42.6 billion for construction costs (£21.4 billion for Phase 1 and £21.2 billion</p><p><?notus-xml column=385?></p><p>for Phase 2) and £7.5 billion for rolling stock, in 2011 prices. The spending round 2013 also allocated a budget for High Speed 2 up until 2021. This sits within the Department for Transport's departmental expenditure limit.</p> | ||