die belebende Bedenkung

Not even a penny

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On 17 March 2014 KPMG’s Richard Threlfall stated that the Higgins Review had not resulted in one penny of reduction in overall HS2 costs.

[Richard Threlfall, in ‘Construction News‘, paywall / registrationwall]

Sir David’s big challenge was the political pressure to reduce the current £50.1bn estimated cost.

Remarkably, he has resisted that pressure, refusing to reduce the budget by even a penny. On phase 1 he has made no commitment to reduce the time to deliver the project either.

Daily Telegraph, 29 Oct 2013: Labour would support HS2 if David Higgins 'allowed' to reduce costs

Written by beleben

April 3, 2014 at 4:29 pm

Posted in High speed rail, HS2

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