High Speed 2 Line: Construction
Commons · Question 20037 · Tabled 13 Dec 2024 · Department for Transport · Official record
Answered 19 Dec 2024
Question
Asked by Greg Smith
To ask the Secretary of State for Transport, what recent assessment she has made of the potential impact of construction inflation on mitigation projects linked to the building of HS2 Phase 1.
Answer
Answered by Lilian Greenwood, 19 Dec 2024
The funding provided to HS2 Ltd includes allowances for inflation based on inflation forecasts set at spending reviews. HS2 Ltd has been impacted by high levels of inflation in recent years alongside all major construction projects. However, HS2 Ltd conti...