Analysis shows HS2 extension to Euston and Crewe could save government money

A new analysis suggests that extending the HS2 rail line to London Euston and Crewe could save the government money. Rail leaders argue that leasing the line could generate about £20 billion, compared to just £5 billion under current plans. The government is considering whether to resume tunneling work to Euston, which was previously suspended. Two tunnel-boring machines are being installed at Old Oak Common, but construction contractors warn that completing the station first could complicate future tunneling. Transport Secretary Louise Haigh supports reaching central London, while Chancellor Rachel Reeves is reviewing infrastructure cuts. Reports indicate Reeves may announce funding guarantees for HS2 to Euston in the upcoming budget, though the funding details remain unclear.