Inflation concerns spark speculation about potential delays or changes to the high-speed rail project’s route.

The Government has avoided confirming whether the High Speed 2 (HS2) rail line will reach Euston station in central London, following reports that its extension might be delayed or cancelled entirely due to escalating costs.

Reports from The Sun indicate that the ongoing high inflation could postpone the Euston terminus until 2038 or lead to the trains stopping at Old Oak Common, a suburban hub in west London. This change would force passengers to complete their journey to central London via the Elizabeth Line. Additionally, a general delay of up to five years for the entire HS2 project is reportedly being considered.

A spokesperson for the Department for Transport reaffirmed the Government’s commitment to the Manchester leg of HS2, as stated in the autumn statement. “This project supports tens of thousands of jobs, increases rail capacity, enhances regional connections, and provides an environmentally friendly travel option,” they said.

However, HS2 has faced continuous criticism over its financial burden and environmental impact. In October, Michael Gove, Secretary for Levelling Up, proposed a review of the project’s capital spending. Chancellor Jeremy Hunt later expressed support for HS2, emphasising its importance for the nation’s infrastructure.

The cost of Phase One, linking London and Birmingham, was initially estimated at £40.3 billion in 2019. The total budget, set at £55.7 billion in 2015, has been significantly impacted by inflation and other financial pressures.

While questions over the Euston extension persist, the Government maintains that HS2 is a vital project for enhancing regional connectivity, promoting economic growth, and supporting sustainable transportation across the UK.