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

      ‘I’ll be standing’: Streeting gears up to join leadership race as Burnham vows to save Labour

      Health secretary Wes Streeting's crackdown on junk food shopping has been dismissed as a "nanny state" policy.

      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 Marathon’s staggering popularity isn’t about running at all

      Breaking news update with a diverse crowd of business professionals networking at a global conference event.

      Submit a story

      Tell us your story.

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

      Why now is the perfect time to visit Cyprus

      Scenic view of Cyprus coastline with sunny weather, traditional food, and refreshing drinks for travelers

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide

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

  • City sounds the alarm on pension inheritance tax upheaval

  • Rich List reveals scale of wealth exodus from Britain

  • David Beckham becomes Britain’s first billionaire sportsman

  • Pension fund snaps up cut-price government bonds amid Starmer sell-off

  • As it happened: UK borrowing costs rattled by Burnham’s Parliament bid

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