Why is HS2 likely to cost so much – and will it be scrapped?

Boris Johnson’s plans to boost growth in newly-won Northern and Midlands constituencies is being put under pressure – by questions over the cost of the HS2 rail project. (Subscribe: https://bit.ly/C4_News_Subscribe)

According to a government review, leaked to the Financial Times, the price tag could rise to as much as £106 billion. The report recommends that the high-speed rail line does go ahead, but with a pause on phase two of the project – from the West Midlands to Manchester and Leeds. So how does HS2 now fit into the grand plan for economic growth outside London?

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