HS2 in ‘very serious situation’, boss says

HS2 is in a “very serious situation” and needs a “fundamental reset”, the new boss of the company building the high-speed railway has warned.

Mark Wild, chief executive of HS2 Ltd, said he is committed to ensuring the railway opens “safely and efficiently”.

Earlier this month, HS2 Ltd estimated the cost of building the railway would be between £54 and £66 billion in 2019 prices – between £67 and £83 billion in current prices.

Mr Wild, who joined HS2 Ltd at the start of December, said in a statement on Monday: “New railways provide better journeys and they boost economic growth by fuelling investment in communities and businesses.

“The prize is clear. However, the programme is in a very serious situation that requires a fundamental reset to enable it to be delivered to the lowest feasible cost.

“I am committed to delivering this reset over the coming year to ensure the railway can be brought into service safely and efficiently.”

HS2 Ltd published an update outlining the progress in building the 140-mile line between London and the West Midlands.

Work has also stated on constructing 158 out of 227 viaducts and bridges.

More than 31,000 people are employed on the programme, which has 350 active construction sites.

Mr Wild said: “HS2 represents a significant investment in Britain’s future and in the last month I’ve been inspired by the hugely impressive feats of civil engineering taking shape right along the route.”

Construction projects expected to be completed in 2025 include excavation of the 8.4-mile Northolt Tunnel in west London and both bores of the 3.5-mile Bromford Tunnel which will carry the line in and out of Birmingham.