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HS2 could cost up to £102.7bn and trains will be slower than first planned
HS2 could now cost up to £102.7bn, the transport secretary has announced, but vowed the government will deliver the project “to completion”.
Reeves insists economic plan working in ‘uncertain’ world as UK growth forecast lowered for 2026
Chancellor Rt Hon Rachel Reeves used yesterday’s Spring Statement to claim the government’s economic plan is restoring stability, even as growth forecasts were trimmed. The Office for Budget Responsibility now expects GDP to rise by 1.1% in 2026 and inflation to fall back to the Bank of England’s 2% target later this year, with unemployment peaking at 5.3% before easing.
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Credit: BBC News
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