Written Question·Department for Transport·UIN 20037

High Speed 2 Line: Construction

Tabled: 13 December 2024

Answered: 19 December 2024

Named Day

Question

Greg Smith

To ask the Secretary of State for Transport, what recent assessment she has made of the potential impact of construction inflation on mitigation projects linked to the building of HS2 Phase 1.

Answer

Lilian Greenwood

The funding provided to HS2 Ltd includes allowances for inflation based on inflation forecasts set at spending reviews. HS2 Ltd has been impacted by high levels of inflation in recent years alongside all major construction projects. However, HS2 Ltd conti...

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