MPs Condemn HS2 as a 'Cautionary Tale' of Project Mismanagement

A new report highlights spiraling costs, delays, and poor oversight in the high-speed rail project, with risks to public funds and the UK's reputation.

The Public Accounts Committee (PAC) criticized the Department for Transport (DfT) and HS2 Ltd for failing to collaborate effectively, leading to significant oversight and financial control issues.
The cost of HS2 is projected to reach nearly £80 billion, adjusted for inflation, despite the cancellation of the northern leg to Manchester in late 2023.
MPs expressed skepticism about the government’s ability to deliver even the reduced HS2 scope, citing poor value for money and wasted taxpayer funds.
Concerns remain over the redevelopment of London’s Euston station, with unclear funding plans and risks of further delays and cost overruns.
Political and business leaders from northern England are urging the government to address rail connectivity issues in the region, including proposals for alternative projects like HS2-lite.