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HS2 Budget Surges Past £100 Billion, Euston Redesign Planned

1/28/2026

24 5 Full Breakdown

Center

Hendy Revamps Euston

Rail Minister Lord Hendy said HS2 will redesign Euston station to increase platform capacity, currently planned at six, down from 11 originally, with room for future expansion.
The project budget has ballooned to over £100 billion amid significant cost overruns.
The HS2 line will connect Birmingham to London, and plans for Manchester have been scrapped.
Hendy emphasized the need for increased capacity to maximize the railway's utility.

Left

Madeleine Begins Tunneling

The tunneling machine Madeleine has begun operations for the HS2 project.
The launch occurred at Old Oak Common, the temporary London terminus.
Chief Secretary Darren Jones emphasized the project’s growth potential, noting it would create jobs and homes.
A cost and schedule for HS2 will be released this year after a review by CEO Mark Wild.
Costs rose from £37.5 billion to £66 billion for the London to Birmingham line.

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Hendy Revamps Euston

Rail Minister Lord Hendy said HS2 will redesign Euston station to increase platform capacity, currently planned at six, down from 11 originally, with room for future expansion.
The project budget has ballooned to over £100 billion amid significant cost overruns.
The HS2 line will connect Birmingham to London, and plans for Manchester have been scrapped.
Hendy emphasized the need for increased capacity to maximize the railway's utility.

1 / 2