High Speed 2 Line: Construction
The question
To ask the Secretary of State for Transport, whether her Department has had recent discussions with relevant stakeholders on private financing options for the second phase of High Speed Two.
Answered by Lilian Greenwood
The Government’s current focus is the safe delivery of High Speed Two (HS2) between Birmingham Curzon Street and London Euston at the lowest reasonable cost. While we will not reverse the decision to cancel Phase 2 of HS2, we recognise concerns about connectivity between Birmingham and Manchester and continue to review the position we inherited on rail infrastructure.
The Department is currently reviewing options to collaborate with the private sector on the delivery of the HS2 Euston station. As part of this, officials are engaging with stakeholders to gain a comprehensive understanding of the available private finance options that could deliver value for money for taxpayers.
Minister Hendy met with Mayors Burnham and Parker last November, following the publication of the Midlands North-West Rail Link plan; the Mayors’ plan involved leveraging private capital to build a new Birmingham to Manchester railway line. The Department is currently reviewing a range of options for enhancing northern rail infrastructure while ensuring value for money for taxpayers.
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