At least £2bn extra needed for London-Birmingham section as inflation fuels yet more budget overruns on troubled rail project
Ministers have repeated their commitment to a high-level £96bn rail plan drawn up last year, but less is likely to be built for that money than originally anticipated.
It is understood that sections of the high-speed network between Crewe and Birmingham are likely to be delayed or trimmed, while full running of trains into London Euston may also be held off further.
Continue reading…At least £2bn extra needed for London-Birmingham section as inflation fuels yet more budget overruns on troubled rail projectMinisters have repeated their commitment to a high-level £96bn rail plan drawn up last year, but less is likely to be built for that money than originally anticipated.It is understood that sections of the high-speed network between Crewe and Birmingham are likely to be delayed or trimmed, while full running of trains into London Euston may also be held off further. Continue reading…