Corporate report

High speed rail expenditure report 2014 to 2015

Report on HS2 expenditure between November 2013 and March 2015, in compliance with the High Speed Rail (Preparation) Act 2013.

Documents

High Speed Rail (Preparation) Act 2013 expenditure report November 2013 to March 2015 (print version)

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High Speed Rail (Preparation) Act 2013 expenditure report November 2013 to March 2015 (web version)

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email webmasterdft@dft.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail

The High Speed Rail (Preparation) Act 2013 received Royal Assent on 21 November 2013. It authorises the Secretary of State for Transport, with HM Treasury approval, to incur expenditure in preparation for a high speed railway transport network (HS2). Section 2(1) of the act requires the Secretary of State to lay a report on expenditure for each financial year before parliament.

The report meets the requirements of the act, providing information on:

  • expenditure incurred by cost category during the financial year to which the report relates, with C-DEL and R-DEL expenditure specified separately
  • the extent to which expenditure during this period represents overspend or underspend by each cost category
  • the likely effect of any such overspend or underspend on the total budget of £50.1 billion (2011 prices)
  • an account of vocational qualifications gained during this period by individuals employed by HS2 Ltd