by Editor | May 24, 2014 2:15 am
DAILY MAIL – HS2, the Government’s controversial £50billion high-speed rail project has been given a damning ‘amber-red’ warning – meaning it is at serious risk of failure.
Spending watchdogs say successful delivery of the flagship 330-mile HS2 line, which will run from London to Birmingham and then onwards to the North, remains ‘in doubt’
They claim there are ‘major risks in a number of areas’ which require ‘urgent action’ if the scheme is to be saved.
The alarming assessment by the watchdog Major Projects Authority (MPA) appeared in its second annual report published by the Cabinet Office.
The report covers 199 projects across Whitehall departments – totalling what ministers admit is an ‘eye-watering’ £400billion of taxpayers’ money over their lifetimes. It rates the on a five tier traffic light system from red for ‘unachievable’ to ‘green’ for success being ‘highly likely.’
Have your say… Leave your comments below
Source URL: http://meebal.com/hs2-project-at-serious-risk-of-failure/
Copyright ©2015 Share on Meebal.com