HS2 could now cost over £100bn, but government vows to deliver project “to completion”.
The Transport Secretary has said the high-speed rail line will not be completed until 2039.
The new cost range and train speed are being announced as a "reset" of the delayed, over-budget and vastly scaled-back project is carried out.
Details of failings were revealed in a statement to the House of Commons this afternoon, as critics branded the project a 'national embarrassment and 'white elephant'.
Transport secretary Heidi Alexander blames Conservative government for ‘obscene increase in times and costs’
The HS2 high-speed railway will now cost up to £102.7bn and t…