Sunak faces backlash from Johnson and Cameron over HS2 axing – as he’s reported to the police in Scotland October 5, 2023 Rishi Sunak has faced criticism from his predecessors in Number 10 for losing a “once-in-a-generation opportunity” by cancelling the northern leg of HS2. The Prime Minister defied senior Tories and business leaders to scrap HS2 from Birmingham to Manchester saying “the facts have changed” and the cost of the high-speed rail scheme had “more than [...]
Scrapping HS2 was a smart move – now bring on more bold action October 5, 2023 Structural reforms are one thing: cultural shifts are altogether more difficult. Many a football manager has learnt this over the years, where a formation change and a sprinkling of new talent in an under-performing club fails to make a difference because something in the club isn’t right. Creating winning cultures is hard. City bigwigs are [...]
Sunak strips HS2 bosses of London Euston responsibility: ‘There must be accountability for mistakes made’ October 4, 2023 HS2 Ltd has been stripped of responsibility for Euston station as there “must be some accountability for the mistakes made”, Prime Minister Rishi Sunak said. Rishi Sunak used his speech at the Conservative Party conference to confirm that the high-speed railway will reach the central London station after developing a plan that will generate cost [...]
‘Done the unthinkable’: HS2 northern leg scrapped, Rishi Sunak confirms in Tory conference speech October 4, 2023 The northern leg of HS2 from Birmingham to Manchester has been scrapped, Rishi Sunak has announced. The Prime Minister confirmed the decision to axe the route as he made his keynote speech at the Conservative Party Conference in Manchester today. Sunak said: “I am ending this long running saga. I am cancelling the rest of [...]
Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times October 3, 2023 Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]
Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal October 2, 2023 Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch
Sunak will be driving to Tory conference due to strikes (instead of taking a private jet) September 28, 2023 Rishi Sunak has denied that people feel betrayed by his wavering over the future of HS2, and he’ll be driving to the Tory conference, leaving his private jet at home. The Prime Minister, giving a string of local radio interviews ahead of the Conservative Party conference, did nothing to quell fears he is preparing to [...]
HS2: Five Labour mayors including Burnham and Khan to demand PM keeps project on track September 27, 2023 Five Labour mayors will gather in Leeds to issue a joint plea to the Prime Minister not to cut HS2 further. Rishi Sunak is facing a political backlash over reports he is weighing axing the Birmingham-Manchester leg of HS2 amid soaring costs. On Tuesday, Home Office minister Chris Philp said Mr Sunak was reviewing how [...]
Bennett on business: Mistakes on HS2 must be learnt from September 27, 2023 Neil Bennett, Global Co-Ceo of advisory firm H/Advisors, writes for City A.M. fortnightly - this week on HS2, water companies and a new Netflix must-see
Sunak looks to control HS2 costs as backlash grows against plan to cut back project September 26, 2023 Rishi Sunak is reportedly aiming to control the spiralling cost of the HS2 railway line project, which could reach over £100bn.