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die belebende Bedenkung

The high cost of HS2 jobs

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HS2 has cost taxpayers £5.5 billion in the past nine years, The Times reported on 16 February.

[Tenth of HS2 budget has gone before a piece of track is laid, Graeme Paton, The Times, 16 February 2019]

New figures released by the government show that the money was spent up to the end of March last year on the purchase of land and property, legal fees, staffing, consultants and other overheads. It accounts for spending by both the Department for Transport and HS2 Ltd — the government-owned company delivering the project. Previous estimates of spending to date had put the figure at just over £4 billion.

The gov.uk news story below does not give any details of how much has been spent on HS2, but says 7,000 jobs have been “supported” (not ‘created’).

gov.uk, Rail minister reiterates northern benefits of HS2

So how much has each ‘HS2 job’ cost?

Written by beleben

February 16, 2019 at 10:03 am

Posted in HS2, Politics

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