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House of Lords urges government to control HS2 rail costs

May 17, 2019 - Marketline Newswire

The Economic Affairs Committee of the House of Lords has recommended capping speeds and stopping trains at London terminus Old Oak Common rather than Euston to control the cost of the High Speed 2 (HS2) rail project.

The House of Lords has also warned that failing to rein the expenses will derail the expectation of a better northern rail connection. The latest report, which comes four years after an earlier report that was also submitted by Lords Economic Affairs Committee in March 2015, h...