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Government Commits to HS2 Tunneling to Euston Station

Chancellor Rachel Reeves announces funding to extend HS2 to central London, aiming to boost private investment and local growth.

  • The UK government has confirmed funding for tunneling work to extend the HS2 high-speed rail line to London Euston station.
  • The project aims to catalyze private investment in the Euston area, supporting economic growth and job creation.
  • Chancellor Rachel Reeves' announcement follows previous uncertainty over funding, with former plans relying heavily on private sector contributions.
  • The tunneling will involve a 4.5-mile stretch from Old Oak Common to Euston, with work set to start in 2026, subject to change.
  • The cost of the Euston HS2 station has escalated to nearly £5 billion, with ongoing discussions about how to finance further development.
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