Rishi set to axe HS2 link after ‘out of control’ cost increases by nearly £8,000,000,000
The Metro says Rishi Sunak appears poised to axe the northern arm of the HS2 rail line from Birmingham to Manchester, due to spiralling costs.
The Sunday Telegraph reported the potential cost of the high-speed rail scheme – which Chancellor Jeremy Hunt has said is ‘out of control’ – had increased by £8 billion.
The Observer suggested the decision to kill off the Manchester leg of the scheme could come before the Tories host their conference in the city on October 1.
The Prime Minister and Chancellor are reported to be meeting to discuss the situation in the coming days.
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