HS2 to pay £300m in compensation to train companies and it won’t go to customers

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 89%

United States News News

United States United States Latest News,United States United States Headlines

Work on the High Speed rail project will caused a number of closures this Christmas lasting for another six years

is facing a fresh bill of more than £300m in compensation for the disruption caused to other train services during its construction,The most significant disruption will hit Paddington with no trains running in or out of the station on several dates in November and December, with some GWR services diverted to London Euston instead.

Train companies are entitled to compensation via two regimes administrated by Network Rail – “Schedule 4” for planned disruption and “Schedule 8” for unplanned disruption.estimated that costs for “possession management, compensation for operational disruption” would be £190m for Phase One. Hoardings surround the site of the Birmingham High Speed Rail 2 station construction site at Curzon Street. Prime Minister Rishi Sunak scrapped plans to extend HS2 beyond Birmingham in 2023

A spokesperson for HS2 was unable to provide details of compensation payments made so far, or future estimates, as they are considered “commercially sensitive”. “I’ve talked it through with them, we’ll look at it, because I want to make sure the transport in the region is the best it possibly can be because of the people that rely on it.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines