The Prime Minister is understood to be considering scrapping or delaying the leg of the high-speed rail network from Birmingham to Manchester because of soaring costs.
He is expected to decide on the future of the project within days.
Mr Sunak yesterday would not comment on what he described as "speculation".
But he added: "What I would say is we're absolutely committed to levelling up and spreading opportunity around the country, not just in the North but in the Midlands, in all other regions of our fantastic country.
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