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The Latest Breaking News from Mark Wild

HS2 bosses enjoy £500 taxpayer-funded dinners as high-speed rail project’s costs spiral

Exclusive: Critics say board members should spend less time in ‘high-end cocktail bars’ and more time ‘driving down the cost’ of the beleaguered project

The Independent UK

HS2 Cost Hits £102 Billion With Trains Delayed to 2039 as Ministers Blame Tories for Obscene Overspend

Britain's HS2 rail project could cost up to £102 billion, with services delayed until 2039, as ministers blamed Conservatives for soaring costs and setbacks.

International Business Times UK

HS2 boss explains why costs have spiralled by a ‘terrible’ £60bn

IN FULL

The Independent UK

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HS2 cost increase is ‘terrible news’, says rail boss

The new target opening schedule for HS2 is between May 2036 and October 2039

The Independent UK

Ministers tell HS2 to consider slower train speeds to cut costs

Company will assess whether drop to 186mph from 224mph will save money and help bring forward launch

The Guardian - UK

Transport Secretary mulls running HS2 trains at slower speed to keep costs down

Reducing the high-speed rail project from its intended speed of 360km per hour could save an amount in the ‘low billions’, Heidi Alexander said.

Evening Standard

Euston HS2 back on track, say ministers as final tunnelling begins

First of two 1,600-tonne boring machines drilling the 4.5 miles from Old Oak Common station switched on in London

The Guardian - UK

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HS2 station will serve ‘whole country’ when line finally built, says rail minister

Lord Hendy said HS2 line and Euston station should be ‘full of trains to go everywhere in Britain'

The Independent UK

Euston, here we come! HS2 starts digging tunnels to central London in landmark moment for long-awaited scheme

However, new station - alongside a revamped mainline station - is not due to open for 15 years

Evening Standard

HS2 starts digging Euston tunnel despite station funding doubts

Old Oak Common will be the London terminus for HS2 services when they start because of delays in developing Euston station

The Independent UK

Out of sight: spectacular HS2 tunnels offer glimmer of hope for stalling project

Despite much soul-searching over UK’s inability to build infrastructure, two sections of HS2 under Chilterns are being hailed for their engineering

The Guardian - UK

Work to link HS2 to west coast mainline to be delayed for four more years

Decision to extend pause on 18-mile stretch north of Birmingham part of ‘reset’ to troubled rail project

The Guardian - UK

Elizabeth line trains would 'save residents from 20 years of HS2 blight' at Old Oak Common

Residents say early start of Lizzie line service at £2bn mega-station would be ‘game changer’ in easing woe caused by HS2 delays

Evening Standard

HS2 already billions over budget with work ‘just over halfway done’, says rail boss

Total overspend on high-speed rail could be as high as 100%, Mark Wild, who runs the project, told MPs

The Guardian - UK

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The Independent UK

HS2 boss blames ‘inefficiency’ for construction delays

IN FULL

The Independent UK

HS2 should be ‘largely completed’ by now but project is just over halfway there, boss admits

HS2’s chief executive blamed the massive delays in the execution of the project on ‘inefficiency of work’

Evening Standard

HS2’s structures should have been ‘largely completed’ by now

Mark Wild, HS2 Ltd chief executive, said one of the main causes of the delays was starting construction work before designs were finalised.

Evening Standard

HS2 high-speed train line is only a third complete, admits boss Mark Wild in bombshell update to MPs

Beleaguered scheme two to three years behind schedule - but ‘good progress’ at Old Oak Common station

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The National (Scotland)

Scottish taxpayers should not be treated as 'afterthought' of HS2 project, say SNP

SCOTTISH taxpayers will have contributed billions of pounds to HS2 so should not be treated as an “after thought”, the SNP have said.

Evening Standard

Rail minister blasts ‘arrogant’ HS2 over crisis-hit flagship project

Lord Hendy of Richmond Hill said the flagship development has gone ‘badly wrong’.

The Guardian - UK

How bad is the HS2 fiasco now? So bad it’s time to listen to Nigel Farage

Labour now says the botched high-speed rail project will be further delayed. Why not just scrap it, as the Reform leader suggests? asks Guardian columnist Simon Jenkins

The Independent UK

HS2 may make key change to save money

IN FULL

Evening Standard

HS2 may run at 'reduced speeds' in attempt to drive down costs, boss of doomed project admits

Mark Wild said ‘there is a need to simplify the day-one railway’ amid calls for the line to be scrapped altogether

The Independent UK

HS2 trains could run slower than expected to cut spiralling costs

HS2 is now expected to open after 2033 as transport secretary Heidi Alexander called its management under the Tories a ‘litany of failure’

The Guardian - UK

Thursday briefing: HS2’s never-ending journey continues, as Labour push back the £100bn project … again

In today’s newsletter: It was meant to revolutionise Britain’s rail network and Labour promises a reset, but some question whether the high-speed project is still worth it

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