The Prague Post - UK's high speed rail row overshadows Conservative party conference

EUR -
AED 4.309924
AFN 79.974243
ALL 96.943022
AMD 448.467719
ANG 2.101155
AOA 1076.160019
ARS 1701.464628
AUD 1.778669
AWG 2.112418
AZN 1.99972
BAM 1.955659
BBD 2.36313
BDT 142.789722
BGN 1.956941
BHD 0.442268
BIF 3501.547958
BMD 1.173566
BND 1.505192
BOB 8.107416
BRL 6.274356
BSD 1.173316
BTN 103.49655
BWP 15.629875
BYN 3.974114
BYR 23001.884322
BZD 2.35973
CAD 1.625799
CDF 3327.058693
CHF 0.935026
CLF 0.028565
CLP 1116.249652
CNY 8.361307
CNH 8.360974
COP 4566.871276
CRC 591.057456
CUC 1.173566
CUP 31.099486
CVE 110.257064
CZK 24.324263
DJF 208.934961
DKK 7.46464
DOP 74.384646
DZD 151.793074
EGP 56.346944
ERN 17.603483
ETB 168.466974
FJD 2.627266
FKP 0.866426
GBP 0.865653
GEL 3.15735
GGP 0.866426
GHS 14.31397
GIP 0.866426
GMD 83.914454
GNF 10176.267511
GTQ 8.995353
GYD 245.472331
HKD 9.128233
HNL 30.739787
HRK 7.534765
HTG 153.528949
HUF 390.89166
IDR 19255.745805
ILS 3.914974
IMP 0.866426
INR 103.599842
IQD 1537.08936
IRR 49377.769947
ISK 143.234125
JEP 0.866426
JMD 188.216452
JOD 0.832104
JPY 173.328633
KES 151.589089
KGS 102.628756
KHR 4702.661502
KMF 492.315191
KPW 1056.153297
KRW 1634.812435
KWD 0.358372
KYD 0.97783
KZT 634.444333
LAK 25441.168742
LBP 105070.437021
LKR 354.014518
LRD 208.265009
LSL 20.363334
LTL 3.465234
LVL 0.709879
LYD 6.335544
MAD 10.566139
MDL 19.488597
MGA 5199.62573
MKD 61.535571
MMK 2463.819115
MNT 4223.953258
MOP 9.405523
MRU 46.838629
MUR 53.374204
MVR 17.967732
MWK 2034.45356
MXN 21.64067
MYR 4.934889
MZN 75.003016
NAD 20.363334
NGN 1763.051862
NIO 43.176892
NOK 11.571478
NPR 165.594081
NZD 1.970062
OMR 0.449868
PAB 1.173316
PEN 4.089006
PGK 4.972642
PHP 67.093181
PKR 333.121922
PLN 4.256594
PYG 8384.39649
QAR 4.283192
RON 5.066327
RSD 117.131569
RUB 98.288025
RWF 1700.177621
SAR 4.402641
SBD 9.631311
SCR 16.690799
SDG 705.903978
SEK 10.93388
SGD 1.507332
SHP 0.922238
SLE 27.432139
SLL 24609.086612
SOS 670.551734
SRD 46.209187
STD 24290.436982
STN 24.498237
SVC 10.266261
SYP 15258.141087
SZL 20.343536
THB 37.214196
TJS 11.040905
TMT 4.119215
TND 3.415554
TOP 2.748612
TRY 48.49936
TTD 7.977426
TWD 35.558923
TZS 2886.392237
UAH 48.371218
UGX 4123.703175
USD 1.173566
UYU 46.996617
UZS 14604.948735
VES 186.280467
VND 30964.526421
VUV 139.400507
WST 3.142011
XAF 655.909788
XAG 0.027822
XAU 0.000322
XCD 3.17162
XCG 2.114648
XDR 0.815741
XOF 655.909788
XPF 119.331742
YER 281.128048
ZAR 20.406087
ZMK 10563.502225
ZMW 27.836996
ZWL 377.887621
  • RBGPF

    0.0000

    77.27

    0%

  • BCC

    -3.3300

    85.68

    -3.89%

  • NGG

    0.5300

    71.6

    +0.74%

  • GSK

    -0.6500

    40.83

    -1.59%

  • BCE

    -0.1400

    24.16

    -0.58%

  • RYCEF

    0.1800

    15.37

    +1.17%

  • CMSC

    -0.0200

    24.36

    -0.08%

  • RIO

    -0.1000

    62.44

    -0.16%

  • RELX

    0.1700

    46.5

    +0.37%

  • JRI

    0.1100

    14.23

    +0.77%

  • AZN

    -1.5400

    79.56

    -1.94%

  • VOD

    -0.0100

    11.85

    -0.08%

  • BP

    -0.5800

    33.89

    -1.71%

  • SCS

    -0.1900

    16.81

    -1.13%

  • CMSD

    0.0100

    24.4

    +0.04%

  • BTI

    -0.7200

    56.59

    -1.27%

UK's high speed rail row overshadows Conservative party conference
UK's high speed rail row overshadows Conservative party conference / Photo: Oli SCARFF - AFP

UK's high speed rail row overshadows Conservative party conference

British Prime Minister Rishi Sunak on Tuesday dodged questions over the future of the UK's second high-speed train line as the issue overshadowed his Conservative party's annual conference.

Text size:

Sunak's finance minister Jeremy Hunt sent speculation about the northern section of the HS2 train line into overdrive last month when he said costs were "getting totally out of control" and refused to comment on whether it might be axed.

The colossal and increasingly controversial infrastructure project is intended to link London with the central city of Birmingham and northern England.

It would be only the UK's second high-speed train line after the one leading to the Channel Tunnel, linking England's southeast with northern France.

Estimated at £37.5 billion ($46 billion) in 2013, the cost has since soared to around £100 billion.

Refusing to be drawn on reports he was about to scrap the northern part of route from Birmingham to Manchester, Sunak said the expense of HS2 had gone "far beyond" what had been predicted.

"I know there's lots of speculation on it but what I would say is... the sums involved are enormous and it's right that the prime minister takes proper care over it," he told Times Radio.

"It’s obviously not my money -– it's taxpayers' money and we should make the right decisions on these things."

- 'Levelling up' -

Cancelling the Birmingham to Manchester leg of the project could leave Sunak's government open to accusations of abandoning the party's much-touted "levelling up" policy.

The policy aims to reduce economic inequalities across the country, including between the north and the more prosperous London-centred south.

Alongside Brexit, it was a key promise of the Tories' 2019 general election campaign, helping them to secure a landslide win in former heartlands of the main opposition Labour party in the north of England.

At the party conference in Manchester on Monday, Conservative mayor of the West Midlands Andy Street made an impassioned last-ditch appeal to the premier not to cancel the northern section of the rail link.

"You will be turning your back on an opportunity to level up -– a once-in-a-generation opportunity," he told reporters.

"You will indeed be damaging your international reputation as a place to invest," he said, adding that he did not rule out resigning over the issue.

Work on the first section of HS2 between London and Birmingham began in April 2020, with the first trains due to run between 2029 and 2033.

The Labour mayor of Greater Manchester, Andy Burnham, said cancelling the link would leave people in northern England "second class citizens".

"If they're about to pull the plug, that would just be a desperate act of a dying government with nowhere left to go," he said.

Sunak's Conservatives, in power since 2010, are holding what could be their last annual conference before an expected general election next year.

Labour is well out in front in opinion polls amid a cost of living crisis, stubbornly high inflation and widespread industrial unrest that is hitting services including health and transport.

Sunak is widely expected to make an announcement about HS2 in his keynote address to the conference on Wednesday.

D.Kovar--TPP