UK's HS2 High-Speed Rail Construction Costs Rise, Schedule Delayed Again
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The UK government stated on the 19th that despite being scaled down, the construction cost of its High Speed 2 (HS2) rail project could exceed £100 billion. The completion date for the London to Birmingham section has been further delayed from the original 2033 to as late as 2039. Transport Minister Heidi Alexander noted that the soaring costs are mainly due to misunderstanding of the required work, underestimation, and inefficiency, with inflation also being a factor.