Increasing the supply and improving the quality of the homes people want, in the places they want to live, whilst ensuring that development does not adversely affect existing communities – Lord Wolfson of Aspley Guise.
To ask His Majesty's Government, given current economic conditions, what assessment they have made of the likely additional costs of labour and materials on the overall cost of delivering the HS2 project; and what impact these additional costs will have on the benefit-cost ratio (BCR) of HS2.
To ask His Majesty's Government, further to the Written Statement by Baroness Vere of Norbiton on 16 March (HLWS670), whether HS2 costs continue to be within budget; and if not, what is the (1) current amount that the project is over-budget, (2) estimated total amount the project will be over-budget, and (3) cause of costs that will result in the project being over-budget.
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