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HS2 is now expected to open after 2033 as transport secretary Heidi Alexander called its management under the Tories a ‘litany of failure’

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HS2 trains could now run slower than initially expected when the rail line eventually opens to cut spiralling costs.

Mark Wild, chief executive of the government-owned HS2 Ltd, said the flagship high-speed rail project, which is now predicted to cost £100 billion, could open at “reduced running speeds” to save money.