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HS2 Budget Hits £100 Billion Amid Severe Delays

5/17/2025

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Summary

Story summary

HS2's budget has skyrocketed to over £100 billion, yet only a third of the groundwork is done. With £32 billion already spent and no rail track laid, CEO Mark Wild acknowledges severe delays, pushing completion to the late 2030s. Critics point to mismanagement and problematic contracts as major culprits behind the chaos.

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Story summary

HS2's budget has skyrocketed to over £100 billion, yet only a third of the groundwork is done. With £32 billion already spent and no rail track laid, CEO Mark Wild acknowledges severe delays, pushing completion to the late 2030s. Critics point to mismanagement and problematic contracts as major culprits behind the chaos.