HS2 is set to be delayed for another two years as a damning report reveals that costs for the project have increased by £37billion.
Transport Secretary Heidi Alexander is today due to announce that the remaining section of the high-speed railway line between London and Birmingham will no longer be completed in the target time of 2033.
She will claim that the cost of the project shot up £37billion between 2012 and the last general election, The Telegraph reported.
The Transport Secretary is set to accept 89 recommendations from an independent review into infrastructure projects which was spearheaded by former Crossrail chief executive James Stewart.
Mike Brown, former Transport for London (TfL) commissioner is set to become the new chairman of HS2 Limited - the company in charge of the project.
