SHOCKING REVELATION: HS2 Mega Project on the Brink of Collapse? Find Out the Startling Truth!
Grant Shapps has emphasized the need for a thorough reevaluation of the viability of the entire HS2 rail project, describing it as “unwise” to proceed without scrutiny, amidst indications that the government might abandon the northern leg of the project.
In the wake of nearly a week of reports suggesting that government ministers are contemplating the abandonment of the Birmingham to Manchester section, the former transport secretary and current defence secretary refrained from definitively ruling out such a course of action. Instead, he cited the profound impact of factors such as the COVID-19 pandemic, the conflict in Ukraine, and rising inflation on public finances.
Shapps expressed the view that it would be irresponsible to simply continue allocating funds to the project without acknowledging the altered fiscal landscape. He argued that a responsible government should engage in a critical reassessment of whether the project aligns with the nation’s current needs and resource allocation.
Within the Conservative Party, there have been discussions regarding the spiraling costs associated with HS2, prompting calls for either budgetary reductions or an extension of the project’s completion timeline. Originally budgeted at £33 billion in 2010, the estimated cost has since escalated to £71 billion, with concerns now arising that it could approach £100 billion.