HS2 reveals £2bn in costs linked to Sunak’s downgrade of line
by Rob Davies from World news | The Guardian on (#6PJMN)
Annual report also shows former chief executive was paid 652,569 for his final year, including a 34,345 bonus
HS2 has revealed more than 2bn in costs linked to Rishi Sunak's decision to downgrade the high-speed rail line.
In the annual report of HS2 Ltd, the company revealed that it had written off 1.1bn in costs incurred during phase two" of the project, which was due to link Birmingham to Manchester, only for the leg to be abandoned last year.
Continue reading...