George Osborne: I’m still passionate about HS2
George Osborne is not relinquishing his love for High Speed 2 anytime soon. On his welcome return to television this morning, Andrew Marr gave the Chancellor a grilling over the new line. Osborne in return defended the government’s position both on monetary and ideological grounds. With the most recent costings of £50 – 80 billion thrown around, the Chancellor added some clarity on how much he will authorise for construction of the new line: ‘We have set the budget for £42bn for the construction costs. That includes, by the way, a big contingency. As we demonstrated with the Olympic Games, we can deliver these big projects actually sometimes under budget.
