HS2 to Manchester: Dream or Debt? | UK News
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HS2 to Manchester: Dream or Debt? | UK News
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The new Prime Minister, once a vocal critic of HS2’s Manchester extension, now faces a colossal financial gamble as they push to revive the project — a move that could cost up to $80 billion and risk deepening the nation’s debt crisis. Once scrapped in 2023 amid ballooning costs, the plan reignited with hopes of private investment, but experts doubt it’ll work outside London’s unique real estate market. With existing HS2 phase already projected to exceed $100 billion and take 15 more years, the Prime Minister must choose between economic realism and regional ambition — and the north’s future may hang in the balance.
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