Programme
High Speed 2 (HS2)
Major UK government-funded high-speed rail programme delivering the core London–Birmingham route following cancellation of the former Phase Two scope. HS2 is currently under construction and undergoing a major programme reset addressing cost, schedule, governance and contracting arrangements. The programme comprises multiple stations, tunnels, viaducts, railway systems, depots and rolling-stock packages. HS2 Ltd's own May 2026 six-monthly Parliamentary report (corroborated by the National Audit Office, June 2026) confirms total programme cost is now £87.7bn-£102.7bn, with Old Oak Common-Curzon Street opening pushed to 2036-2039 and the full Euston-Curzon Street route to 2040-2043 — forecasts, not achieved milestones as of this cut-off. Euston Delivery Company Limited was established April 2026 as the single directing mind for the Euston station scope specifically (a newly-formed HS2 Ltd delivery vehicle, not a rename of HS2 Ltd itself, and not a new Infrastructure record — captured here as editorial context on the same HS2 Programme record).
Status
Scale & Capacity
Overview
- Location
- London to Birmingham, England
- Delivery Model
- Publicly Funded Infrastructure Programme / Multi-Contract Delivery
- Financing
- UK Government Public Funding
- Scale / Scope
- Major UK high-speed rail programme delivering approximately 140 miles of new railway infrastructure between London and Birmingham, including Euston, Old Oak Common, Birmingham Interchange and Birmingham Curzon Street, together with tunnels, viaducts, rail systems, depots and rolling stock. Euston station scope: £3.8bn spent to date, a further £4.1bn anticipated — deliberately kept disaggregated from the wider £87.7-102.7bn programme figure rather than collapsed into one Value field, consistent with the range-preservation discipline applied throughout this enrichment.
Project Developments
- Regulatory · 1 May 2026HS2 Ltd six-monthly Parliamentary report: total cost £87.7-102.7bn, Old Oak Common-Curzon Street opening 2036-2039
HS2 Ltd's statutory six-monthly Parliamentary report (corroborated by the National Audit Office, June 2026) confirmed total programme cost of £87.7-102.7bn and revised the Old Oak Common-Curzon Street opening to 2036-2039, with the full Euston-Curzon Street route now targeted for 2040-2043. Forecasts, not achieved milestones.
- Regulatory · 1 April 2026Euston Delivery Company Limited established as single directing mind for HS2's Euston scope
Euston Delivery Company Limited was established as a newly-formed HS2 Ltd delivery vehicle — the single directing mind for the Euston station scope of the HS2 programme (£3.8bn spent to date, a further £4.1bn anticipated). Not a rename of HS2 Ltd; a distinct subsidiary/delivery vehicle for one station's scope.
Participants & Roles
Government Entity / Grantor
Sources
- HS2 Ltd — six-monthly Parliamentary report, May 2026Official / Government
- National Audit Office (NAO), June 2026Regulatory / Procurement