Upgrading the grid risks ending up like HS2 Opinion Upgrading the UK's electricity grid is a vastly complex project. I hope the government's learned from HS2, writes John Lazar.
New HS2 budget to blow £33bn hole in public finances Transport & Infrastructure The government will need to find as much as £33bn in additional cash from tax and spending measures or from other departments to fund its revamped plans to deliver HS2. According to a CityAM analysis, the Department for Transport’s updated proposals for the rail line require between £18bn and £33bn of additional public money [...]
‘Obscene’ – HS2 on track to cost at least £102bn as minister slams ‘gold-plated folly’ Transport & Infrastructure HS2 is now poised to cost the taxpayer as much as £102bn and will not run from Euston until at least 2040, according to the transport secretary who blasted the project as a “massively over-specced folly”. Heidi Alexander said the cost of the ill-fated train line was now on course to nearly double from the [...]
Time to network the rail May 7, 2026 Five London stations are being redeveloped – let’s combine these projects to get London’s growth back on track, says Peter Hogg Railway stations define London. From the first family trip out of Euston to the countryside, to passing through the market at King’s Cross, for many Londoners they are as integral to life here as [...]
Birmingham driving service sector boom February 26, 2026 Birmingham has been at the front of a “service sector boom”, according to new research from Oxford Economics, helping to drive job creation across the wider region. The West Midlands combined authority (WMCA), which contains Britain’s second city, saw gross value added (GVA) in the services sector rise by an average of 4.2 per cent [...]
HS2 tunnel into Euston must deliver ‘credible plan’ for regeneration January 27, 2026 With tunnelling finally underway for the HS2 link between London Euston and Old Oak Common, a business group has called for a “credible plan” for regeneration of the area around the Central London transport artery. Business LDN has said that whilst the beginning of the tunnelling is “a significant milestone and a timely reminder of [...]
Labour to unveil new Birmingham-Manchester rail link after HS2 fiasco January 13, 2026 Ministers are poised to unveil plans to build a new railway line running from Birmingham to Manchester as part of a major overhaul of rail infrastructure in the North – but it won’t break ground for roughly a decade. Rachel Reeves will reveal the heavily delayed shake-up of east-west railway lines across the north of [...]
UK’s first high-speed railway HS1 faced cancellation months before Channel Tunnel opening December 31, 2025 Ministers considered abandoning the High Speed 1 (HS1), the UK’s first high-speed railway that links London to the Channel Tunnel amid financial struggles just months before the cross-channel line was opened by Queen Elizabeth II, CityAM can reveal. According to correspondence released by the National Archives, transport minister John MacGregor listed axing the high-speed [...]
The only way to make HS2 cheaper? Build HS3 September 18, 2025 It’s a basic fact of economics that the more efficiently you make something, the easier it is to bring down the price. Among the best-known examples is the Ford Model T, one of the top-selling cars in the 20th century with more than 15 million produced. The manufacturing process became so efficient, and each car’s [...]
Surinder Arora: Heathrow could be the next Thames Water September 17, 2025 Surinder Arora is the man bidding to break a decades-old monopoly by winning the right to build Heathrow’s third runway. With the government’s first remarks on proposals expected this month, he sits down with Ali Lyon to discuss the merits of his proposal, the reasons behind it, and why he thinks that – without urgent [...]