Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Farage: Foreign donations row is ‘loose pub talk’

      Nigel Farage at a Reform UK conference, gesturing from a podium with the party logo and CONFERENCE 2026 in background

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      London snubbed as Formula 1 announces return of F1 Live show at new venue

      Formula 1 75th anniversary celebration event with F1 cars and drivers on stage, surrounded by red lights and a crowd

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      What to do in London this autumn, from festivals to art and theatre

      Meatopia event collage: grilled meat, a dish with vegetables, and two smiling women

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • OneCity
  • Newsletters
  • Latest Paper

Mark Wild

  • HS2: Transport secretary confirms two-year delay after ‘shambolic mess’

    Transport and infrastructure

    Transport secretary Heidi Alexander has confirmed that HS2 will be delayed by at least two years, slamming previous handling of the project as an “appalling” and “shambolic mess”.  The embattled high-speed rail link will be pushed back beyond 2033 following a “litany of failures” outlined in two reports by HS2 boss Mark Wild and KPMG’s [...]

    Shadow transport secretary Gareth Bacon conceded that “it has long been apparent that HS2 was not going to plan”. (Photo by Leon Neal/Getty Images)
  • HS2 faces two more years of delay amid ‘litany of failures’

    Transport and infrastructure

    Ministers will delay HS2 by at least another two years and outline a “litany of failures” which have led to costs on the project spiralling out of control, in the latest storm facing Britain’s biggest infrastructure project. Transport secretary Heidi Alexander will present the findings of two scathing reports into the project on Wednesday afternoon, [...]

    Tunnelling for the Euston link finally kicks off this week.
  • HS2’s new boss Mark Wild warns the company is in a ‘very serious situation’

    Transport and infrastructure

    HS2 is in a “very serious situation” and needs a “fundamental reset”, the new boss of the company building the high-speed railway has warned. Mark Wild, chief executive of HS2 Ltd, said he is committed to ensuring the railway opens “safely and efficiently”. Earlier this month, HS2 Ltd estimated the cost of building the railway [...]

    An HS2 worker standing in front of tunnel boring machine Karen at the Old Oak Common station box site during preparations for completing the 4.5 mile HS2 tunnelling to London Euston. HS2 is in a "very serious situation" and needs a "fundamental reset", the new boss of the company building the high-speed railway has warned. Mark Wild, chief executive of HS2 Ltd, said he is committed to ensuring the railway opens "safely and efficiently". Issue date: Monday December 30, 2024. PA Photo. See PA story RAIL HS2. Photo credit should read: Jonathan Brady/PA Wire
  • Ministers to oversee HS2 amid warnings of ‘dire delivery failure’

    October 20, 2024

    Ministers will oversee work on HS2, the government has announced, as the transport secretary warned costs had spiralled out of control. Louise Haigh has announced urgent action to bring the cost and delivery of the high speed route from London to Birmingham back under control. It comes as the Sunday Times revealed leaked documents marked [...]

Trending Articles

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss

  • ‘Large tax hikes on the way’: How the global bond rout is boxing in Healey

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited