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    HS2 costs could double to over £80bn, says think tank

    The cost of the planned high-speed railway linking London to Birmingham and the North is likely

    to rise by a further £30 billion to £80 billion once ministers approve schemes to mitigate the

    environmental impact and build transport links to the line, a think-tank claims.

    The Institute for Economic Affairs (IEA) is urging ministers to drop the project. In a report today

    it says that the railway "defies economic logic" and will cost every household £3,000 to build.

    Full story in the Times

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