HS2 Costs Escalate to £66 Billion as Euston Station Plans Shrink

The UK high-speed rail project faces mounting costs and reduced capacity as Euston station is scaled back to six platforms.

The projected cost of HS2 has risen to between £54 billion and £66 billion in 2019 prices, with inflation-adjusted estimates reaching up to £80 billion.
The planned HS2 station at Euston has been reduced to six platforms, down from earlier designs of 10 or 11 platforms, raising concerns about future capacity.
The Labour government confirmed funding for a 4.5-mile tunnel connecting Old Oak Common to Euston, but private investment is being sought to complete the station's redevelopment.
Sir Jon Thompson, chairman of HS2 Ltd, announced his resignation as new leadership, including CEO Mark Wild, aims to address cost overruns and scheduling issues.
Critics warn that the reduced platform count at Euston may limit HS2's long-term potential to improve rail capacity in the Midlands and North of England.