HS2 News, Breaking Stories and Comment | Construction News

Costain finishes H1 with more cash despite profit fall

Ben Vogel — Wed, 23 Aug 2023 11:45:42 +0000

Costain improved its net cash position in the first half (H1) of this year compared with H1 2022, despite a lower revenue, pre-tax profit and operating margin. The firm had £132.1m in cash on 30 June, marking a 38 per cent year-on-year increase. Chief executive…

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Euston HS2 station ‘could be cut to just seven platforms’

Greg Pitcher — Mon, 31 Jul 2023 11:53:33 +0000

Contractors have demanded urgent clarity after a leaked report revealed that the Euston terminus of High Speed 2 (HS2) could be reduced to just seven platforms. An internal document drawn up by HS2 Ltd lists several options for cutting costs on the troubled central London…

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Major projects body declares HS2 ‘unachievable’

Ian Weinfass — Mon, 24 Jul 2023 06:00:19 +0000

Whitehall’s major projects body has given the HS2 programme an “unachievable” rating. The Infrastructure and Projects Authority (IPA) gave a red rating to both the high-speed rail programme’s first phase and its phase 2a in a new annual report released on 20 July. The IPA's…

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MPs call for HS2 transparency amid ground condition fears

Ian Weinfass — Fri, 21 Jul 2023 06:00:26 +0000

HS2 has been told to publish regular reports on the status of its ground investigations in Cheshire, amid residents’ concerns about the viability of the scheme in challenging conditions. A committee of MPs looking at the draft law to approve phase 2b of the line…

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HS2 suffers fresh blow as chief exec resigns

Will Ing — Thu, 13 Jul 2023 08:30:42 +0000

High Speed 2 (HS2) has yet another problem to contend with after its long-time chief executive Mark Thurston announced his departure. Thurston will leave HS2 Ltd in the autumn, when chairman Jon Thompson – who joined the mega-project in 2021 – will step up as…

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Government unsure ‘what it’s trying to achieve’ with HS2 Euston, say MPs

Jonathan Knott — Fri, 07 Jul 2023 15:28:42 +0000

An influential committee of MPs has said the government is unclear both on its ambitions for the HS2 Euston station and on the costs of pausing the project’s construction. A report from the House of Commons' Public Accounts Committee says that, despite eight years of…

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HS2 hands extra £305m to Skanska-Costain-Strabag

Catherine Moore — Wed, 05 Jul 2023 06:00:34 +0000

The Skanska Costain Strabag joint venture (SCS JV) working on HS2 has been awarded an additional £305.3m by HS2 Ltd. The funds, awarded under the existing £3.8bn contract, will go towards works on Phase One of the new high-speed railway. They relate to planned and…

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HS2’s open-air factory starts production of nearly 3,000 viaduct segments

Fiona Nicolson — Mon, 03 Jul 2023 08:46:42 +0000

HS2 has started the of production of 2,742 concrete segments that will be used to build the Delta Junction, a network of nine viaducts in the West Midlands. The segments are being made on site at a purpose-built outdoor factory at Kingsbury, Warwickshire. The 55,000…

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HS2 assembles UK’s first modular viaduct

Jonathan Knott — Fri, 23 Jun 2023 09:23:14 +0000

HS2 has begun to assemble a major railway viaduct that has been manufactured off site, in what it said was a first for the UK. All the major elements of the 880 metre-long Thame Valley Viaduct near Aylesbury are being made off site before being…

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HS2 contractors told to communicate with residents over project delays

Greg Pitcher — Fri, 23 Jun 2023 07:30:42 +0000

A watchdog has urged HS2 contractors to improve their communication with the public over stalled elements of the £100bn scheme. The independent construction commissioner for the rapid rail project, Mark Worthington, said residents “need a clear idea of what to expect and when to expect…

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