Michael Fabricant – 2016 Parliamentary Question to the Department for Transport
The below Parliamentary question was asked by Michael Fabricant on 2016-05-09.
To ask the Secretary of State for Transport, if he will publish the total expenditure by HS2 to date; and how much has been spent on (a) land, (b) property, (c) compensation and (d) salaries.
Mr Robert Goodwill
Under the Government’s commitment to transparency, the data that is recorded by departments for projects such as HS2 in its Major Projects Portfolio is published by departments alongside the publication of the Annual Report of the Infrastructure & Projects Authority. This data includes financial statistics such as whole life costs of each project as well as total in-year budget, forecast spend and variance. This information is available from GOV.UK.
Since 2009/10 the Government has spent £1.4bn on the HS2 programme. This includes the costs incurred by HS2 Ltd and Land & Property expenditure. In relation to (a), (b) and (c), as of March 2016, £434.4m has been spent on land and property with a further £11.2m in compensation payments associated with the statutory blight regime. Please note that 2015/16 figures have not been audited yet.
With regards to (d), the information on HS2 Ltd salaries is published in the company’s Annual Accounts, which are available from Gov.UK. As of March 2016, the total salaries for HS2 Ltd stand at £80.4m.