HS2 misled MPs about cost of high-speed rail project – whistleblower
Cost estimates were hundreds of millions of pounds too low, Panorama investigation told
The decision to approve the HS2 high-speed rail project was based on cost estimates that were hundreds of millions of pounds too low, a former senior staff member of the company has claimed.
Doug Thornton told the BBC’s Panorama programme the company had misled MPs about a projectwhose costs spiralled from an original estimate of £34bn to £56bn amid leaked Treasury worries that the eventual cost will be more than £100bn.
Source: Guardian Transport