HS2 late and billions over budget due to Tory failures, report finds
Government failed to understand risks of the project, NAO concludes
The planned construction of HS2 is billions of pounds over budget and years behind schedule because of the failure across government to understand the risks involved, according to a damning independent report.
In the first official indication that spending on the controversial rail project could escalate beyond £100bn, the National Audit Office has raised the possibility of a further increase by admitting that it is “impossible to estimate with certainty” how much it will eventually cost.