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HS2 failings blamed on high-speed focus and political pressure As part of efforts to get the project back on track, HS2 Ltd has previously said it would slow or pause work such as the line towards Handsacre, so it could focus spend on areas which had fallen behind; notably the central section across Buckinghamshire, Oxfordshire… Continue reading HS2 failings blamed on high-speed focus and political pressure

Burnham cleared to run for selection in pivotal by-election Steve Reed, the housing secretary and an ally of the PM, said: “It’s been a very difficult week but we need to take a breath now, take this weekend to reflect on what’s going on, and come back next week and focus on the country we… Continue reading Burnham cleared to run for selection in pivotal by-election

UK borrowing costs rise and pound falls as leadership drama continues “Overall, UK politics is a mess, there are already signs that foreign buyers are ditching the gilt market. If there is a major rout in the pound and/or gilts in the coming days, prospective candidates may need to assess whether now was a wise… Continue reading UK borrowing costs rise and pound falls as leadership drama continues