capital · May 20, 2026
HS2 Ltd Announces Updated Cost and Construction Schedule for HS2 Railway
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HS2 Ltd announced an updated cost and construction schedule to complete the HS2 railway on May 20, 2026, using the same methodology that delivered the Elizabeth Line. The programme secured a four-year funding settlement that provides stability for productivity improvements, tighter cost control, and construction sequencing. HS2 Ltd stated the reset enables focused delivery on the London to Birmingham route. The announcement follows prior delays and cost escalations in the UK high-speed rail project.
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