Friday , February 26 2021

Taxpayers will suffer £ 40billion loss if HS2 goes ahead, official reviewer warns – Telegraph.co.uk, Telegraph.co.uk


Taxpayers are on course to make a £ billion loss on HS2 after Parliament was “misled” about its costs, according to the peer tasked by Boris Johnson with helping to lead a review of the scheme.

 

In an incendiary report submitted to the Prime Minister and seen by The Telegraph, Lord Berkeley states that there is “overwhelming evidence” that the rail line’s costs are “out of control” and that its benefits have been “overstated” by ministers and officials.

 

The peer, who was deputy chairman of the official review commissioned by Mr Johnson, says it is “highly unlikely” Parliament would have approved the project if MPs had been given the “real” costs attached to the scheme.

 

Writing in this newspaper, …


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