Gove ‘doesn’t know’ whether HS2 Euston will ever be built

HS2-Euston-station.jpg

Levelling up secretary Michael Gove has admitted he does not know if the HS2 Euston station will ever be built.

HS2 was approved by government 11 years ago and to date £458m of public money has been spent on its plans for the Euston station. Contractor Mace-Dragados is managing construction of the site, having started early works in January and sought suppliers for more than £500m of work last year.

However, earlier this month the government announced plans to pause construction of HS2 Euston so it coincides with phase 2b – meaning another two-year delay on the mega-project. It comes as the National Audit Office (NAO) warned that the station’s projected cost had increased by £2.2bn.

Now Gove has hinted that the station may never be built.

Speaking on Channel 4’s The Andrew Neil Show, the senior minister said: “I don’t know what the final decision will be about where the [London] terminus is.

“There is a debate on whether it will be Old Oak Common or Euston.”

However, Gove guaranteed that the project would be extended from Birmingham to Manchester via Crewe, adding: “We’re committed to making sure that that vital piece of infrastructure [HS2] that adds capacity to the rail network will be delivered.”

Watch: Levelling Up Secretary @MichaelGove refuses to guarantee that HS2 will ever reach Euston and central London #AndrewNeilShow @AFNeil
C4, 3.15pm pic.twitter.com/ZsDgEylwWZ

— Channel 4 (@Channel4) March 26, 2023

The comments throw further uncertainty over the future of HS2 Euston, after both NAO chief Gareth Davies and Public Accounts Committee chair Meg Hillier suggested that the current station’s plans are untenable due to their cost.

HS2 has already redesigned its plans for the Euston station once, cutting the number of platforms from 11 to 10. The NAO concluded that the redesign “has not succeeded and further action is now required to develop an affordable and viable station”.

Elsewhere in the Channel 4 interview, Gove declined to say whether HS2 would ever be extended to Leeds, adding: “One of the things we’ve had to do with HS2 is we’ve had to cut according to our cloth.”

Related articles

Read More
Catrin Picton

Latest

Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Bitcoin long-term holder supply hits all-time high of 16.64 million BTC

Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the

Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC

Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin

Newsletter

Don't miss

Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Bitcoin long-term holder supply hits all-time high of 16.64 million BTC

Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the

Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC

Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin

Foundry asks Bitcoin miners to vote on BIP-110 support

Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network. The world’s largest mining pool by hashrate also released educational

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...

Utah Marketers to Host Free Business Networking Event in Layton on June 24

The custom web design company is hosting free monthly networking events for Northern Utah business leaders, with the next event scheduled for June 24 from 4 to 6 p.m. Utah Marketers is hosting a free local business networking event on June 24 from 4 to 6 p.m. at the company’s Layton office. The event is