HS2 Downgrade Costs UK Taxpayers £2.17 Billion

Newly revealed documents detail the financial impact of cancelling the northern phase and scaling back the Euston station plans.

Rishi Sunak's decision to cancel HS2's phase two resulted in £1.1 billion in wasted preparatory work.
An additional £1 billion in accounting charges was incurred due to the project's reduced scope.
Design work for a now-downgraded Euston station led to £153 million in losses.
£95 million was allocated for remediation of unneeded building sites.
Labour, while not reversing the decision, faces pressure to ensure the line reaches Euston.