United Kingdom awards $8.7 billion worth of contracts for 250mph rail line

David Higgins, chairman of HS2, said: “This is a huge day for the HS2 project and for the country”.

The group, which last week saw its share price tumble 71% following a profit warning, has been awarded two contracts for the first phase of the high speed rail line through its joint venture with Eiffage Genie Civil and Kier Group.

‘Anyone travelling to work by train will know we desperately need extra capacity, ‘ said Mr Grayling.

“Demand for rail travel is rocketing and our ageing infrastructure is struggling to cope”.

Carillion Plc shares made a partial recovery from their worst week in the United Kingdom builder’s history after the company was co-awarded two major contracts for the country’s new cross-country railway known as HS2.

The route of the Manchester and Leeds section of HS2 will also be announced later. The government has also asked HS2 Ltd to take forward the provision of a northern junction back on to the high-speed line, which could help deliver a connection between Leeds and Sheffield city centres in less than 30 minutes as part of Northern Powerhouse Rail.

Stuart Andrew, the MP for Pudsey Horsforth and Aireborough, said the region needs to must keep fighting to ensure HS2 becomes a reality for Yorkshire. A regenerated Euston Station not only affords us the ability to improve connectivity and exceed the expectations of those travelling by train.

Mr Grayling added: “My wish is that Carillion get through their current problems, but we’ve made sure that it’s not an issue for these contracts”.

Arup, Mott MacDonald, WSP, Arcadis and a Jacobs/BuroHappold/Idom joint venture have been shortlist for the contract to produce the detailed designs for the redesign of London Euston and the three new stations included in Phase 1: Birmingham Curzon Street, Birmingham Interchange and Old Oak Common.

The controversial HS2 high-speed railway will take another step forward on Monday with the awarding of major construction contracts and the confirmation of the route north of Birmingham through Yorkshire.

“We will now get on with building the railway, while continuing to ensure affected communities get appropriate support and are treated with fairness, compassion and respect”.

Joe Rukin, Stop HS2 campaign manager, said: “The cost of HS2 has already doubled once since it was first proposed so it should come as no surprise to anyone that it might double again”.

The Department for Transport said preparatory work has begun and major construction work is due to start in 2018-19.

“HS2 was always created to be much more than just a high speed railway and today we can see the opportunities it brings right around the country – spreading prosperity, acting as a catalyst for investment and rebalancing our economy ten years before the railway even opens”.