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"was estimated to cost about £56.7bn in 2023 prices. But this proved to be a massive underestimate. The 134 miles of track between London and Birmingham alone i
by readthenotes1 3y ago
"was estimated to cost about £56.7bn in 2023 prices. But this proved to be a massive underestimate. The 134 miles of track between London and Birmingham alone is now forecast to cost £53bn,"
How is -£3.7bn a massive underestimate. Usually coming in under estimate is a good thing (outside of govt and consulting, of course)
- AS37 3y agoThe article says the original estimate was for tracks between 4 cities, not 2.
- Dfiesl 3y agoThe original £56.7bn estimate was from London all the way to Leeds. Whereas the £53bn figure they quoted is just for London to Birmingham which is only about half way to Leeds.
- DanielVZ 3y agoIt says a part of the project now costs almost as much as the whole previous estimate. Emphasis on “alone”.