As the Oakervee Review decides whether to recommend the government continue, scrap or curtail HS2, this factsheet brings in to sharper focus how much has been spent already, who with, what on and how much is committed for the future. Enter your details below to download the full report.
On the 21st of August Transport Secretary Grant Shapps announced a review into HS2, stating the government needed "clear evidence" before deciding to go ahead with the controversial scheme.
While discussions of HS2 primarily focus on ballooning projected costs, in this factsheet we've chosen to analyse how much has actually been spent so far. We draw on spend and contracts data from Jan 2016 to March 2019 published by HS2 under statutory transparency obligations and aggregated by Tussell.
This factsheet analyses:
- Total spend by HS2 since 2016
- The amount spent on Phase 1 (London - Birmingham) vs. Phase 2 (Birmingham - Crewe/Leeds)
- The companies most vital to the project
- Contracts that might be at risk if the project is scrapped