HS2 risks not priced in at the start, say auditors

HS2 risks not priced in at the start, say auditors

Image copyright Siemens/ PA Image caption A proposed design for an HS2 train

No-one took full account of how complex and risky the HS2 high-speed rail project was likely to be, says the government spending watchdog.

The Department for Transport (DfT) and HS2 Ltd did not allow for all uncertainties when estimating initial costs, said the National Audit Office.

In 2015, HS2 was due to cost…

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