HS1 Channel link leaves £4.8bn debt, says MPs

Help

Taxpayers have been saddled with a £4.8bn debt from the Channel Tunnel high-speed rail line (HS1) so far, a report by a committee of MPs has said.

The Public Accounts Committee blamed over-optimistic forecasts about the number of passengers using the service.

It predicted that the final bill for the London to Folkestone line would rise to £10.2bn by 2070.

MPs on the Public Accounts Committee are warning Ministers not to make the same mistake with a planned high-speed link between London and the North of England, which will cost thirty three billion pounds.

The BBC's Transport Correspondent Richard Westcott reports.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.