{"id":13977,"date":"2023-03-09T06:44:35","date_gmt":"2023-03-09T14:44:35","guid":{"rendered":"https:\/\/essential.construction\/news\/government-set-to-put-brakes-on-hs2-phase-2-programmes\/"},"modified":"2023-03-09T06:44:36","modified_gmt":"2023-03-09T14:44:36","slug":"government-set-to-put-brakes-on-hs2-phase-2-programmes","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/government-set-to-put-brakes-on-hs2-phase-2-programmes\/","title":{"rendered":"Government set to put brakes on HS2 phase 2 programmes"},"content":{"rendered":"

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HS2 has been working with Government in a renewed attempt to cut costs from the over-budget project.<\/p>\n

It is understood delays will primarily affect section 2a from Birmingham to Crewe and then the latter 2b phase on to Manchester.<\/p>\n

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While a project delay is unlikely to save cash over the full course of the project, it will allow Government to spread the cost over a longer period of time, making it more affordable by reducing annual expenditure.<\/p>\n

The BBC also reports that there may also be a rethink on parts of the Euston station terminus despite previous assurances that the line would run into London as planned.<\/p>\n

The decision to push back timelines on the HS2 project is part of a squeeze on all capital spending across government reported to total \u00a3600bn over five years in response to high inflation knocking construction budgets sideways.<\/p>\n

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Last month HS2 chief executive Mark Thurston told the BBC in an interview that said the project had suffered a \u201csignificant\u201d impact from inflation adding to the cost of building materials, labour, fuel and energy.<\/p>\n

\u201cWe\u2019re looking at the timing of the project, the phasing of the project, we\u2019re looking at where we can use our supply chain to secure a lot of those things that are costing us more through inflation.\u201d<\/p>\n

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