UK Government Launches Independent Review of HS2 Amid Soaring Costs

Transport Secretary Louise Haigh announces ministerial oversight and a leadership change to address financial mismanagement in the HS2 project.

The HS2 project's costs have escalated from an initial estimate of £30bn to a projected £74bn, prompting a government review.
Louise Haigh, the Transport Secretary, has appointed Mark Wild as the new CEO of HS2 Ltd to control the project's expenses.
Phase Two of HS2, connecting Birmingham to Manchester and Leeds, remains canceled despite prior speculation of its revival.
An independent review led by former Crossrail CEO James Stewart will assess the project's financial management and report findings this winter.
Regular meetings with key government officials aim to enhance accountability and ensure the project's benefits are fully realized.