Source · Select Committees · Public Accounts Committee
Recommendation 26
26
HS2 Ltd spent £634 million acquiring land for cancelled Phase 2 sections.
Conclusion
HS2 Ltd told us it had spent £3.6 billion on land and property for Phase 1, and believed it had acquired more than 95% of the land it would require for Phase 1. It had spent £634 million on acquiring land and property for the HS2 phases that have now been scrapped – £273 million on Phase 2a, plus £201 million on 2b, plus £160 million on the eastern leg to Leeds.54
Government Response
A response document is linked to this report, dated 2 April 2024. Response attribution to this conclusion has not been verified. Read the response document ↗