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Rail travel HS2 to reach Euston after all but fares will rise 4.6%
The Guardian
|October 31, 2024
HS2 trains will run all the way to Euston after the chancellor committed to funding tunnelling work to the central London station.
However, it was also announced alongside the budget that rail fares in England would rise by 4.6% in March.
Rachel Reeves said the government would "get a grip" on HS2 between London and Birmingham, and guarantee funds to start work on the 4.5-mile (7km) twin-bore tunnel from Old Oak Common station in north-west London into Euston.
Reeves did not specify the level of public funding the tunnelling work would receive, but the cost has previously been estimated at about £1bn.
Reeves said the transport secretary, Louise Haigh, had "set out a plan of how to get a grip of HS2".
The chancellor said: "Today we are securing delivery of the project between Old Oak Common and Birmingham, and we are committing the funding required to begin tunnelling work to London Euston station."
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