New HS2 Chief Confronts Cost Overruns and Legal Mandates
Mark Wild defends a £100m bat tunnel as a legal necessity while acknowledging systemic failures in the high-speed rail project's management.
- HS2's new CEO, Mark Wild, defended the £100 million bat tunnel in Buckinghamshire, emphasizing its necessity to comply with UK laws protecting wildlife.
- The Department for Transport admitted it does not have a reliable cost estimate for HS2, with current projections ranging between £67 billion and £83 billion at today's prices.
- Wild attributed cost overruns to construction starting prematurely, poor risk management, and flawed productivity assumptions, calling for a 'fundamental reset' of the project by 2026.
- Timelines for completing the London-to-Birmingham phase remain uncertain, with estimates suggesting trains may not run until the 2030s, significantly later than originally planned.
- Outgoing HS2 chairman Sir Jon Thompson criticized the project’s management, citing the bat tunnel as emblematic of the broader challenges in delivering large infrastructure projects in the UK.