Speeches

Antoinette Sandbach – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Antoinette Sandbach on 2016-04-25.

To ask the Secretary of State for Transport, how much of the current £55.7 billion budget for High Speed 2 is for (a) phase 1, (b) phase 2A and (c) phase 2B; and what the contingency budget is for each such phase.

Mr Robert Goodwill

The 2015 Spending Review reconfirmed the Government’s commitment to the programme providing a long-term funding envelope of £55.7bn in 2015 prices. A breakdown of this envelope with and without contingency has been provided below:

£’bn, 2015 Prices

Phase One

Phase 2a

Phase 2b

Rolling Stock

Total

Without Contingency

18.0

2.7

14.7

5.4

40.8

With Contingency

24.3

3.7

20.7

7

55.7