+
Rishi Sunak scraps high-speed rail plan
RAILWAYS & METRO RAIL

Rishi Sunak scraps high-speed rail plan

British Prime Minister Rishi Sunak announced that he was cancelling part of a high-speed rail project, bringing an end to weeks of uncertainty. His decision to reinvent his premiership as one characterised by tough decisions and action, however, stirred anger within his own Conservative Party. The move was seen as an attempt to revive his political standing, especially as the governing Conservatives were trailing behind the opposition Labour Party in polls, just ahead of an expected election next year.

In an effort to portray him as a leader willing to make long-term "tough decisions" for the betterment of the people, Sunak made a significant announcement during his closing speech at the party's annual conference in Manchester. He declared the halt of the HS2 high-speed rail project to Manchester, a decision that had been anticipated for days. Addressing the party conference, he stated, "I'm ending this long-running saga. I am cancelling the rest of the HS2 project. And in its place, we will reinvest every single penny - 36 billion pounds - in hundreds of new transport projects in the north and the midlands, across the country."

Sunak's move to cancel the project had been met with mixed reactions within his party, as some members expressed their discontent. Despite his intentions to demonstrate decisiveness and action, the decision raised concerns about the stability of the party. However, Sunak and his team remained resolute, aiming to reshape his premiership by taking bold steps for the benefit of the nation.

British Prime Minister Rishi Sunak announced that he was cancelling part of a high-speed rail project, bringing an end to weeks of uncertainty. His decision to reinvent his premiership as one characterised by tough decisions and action, however, stirred anger within his own Conservative Party. The move was seen as an attempt to revive his political standing, especially as the governing Conservatives were trailing behind the opposition Labour Party in polls, just ahead of an expected election next year. In an effort to portray him as a leader willing to make long-term tough decisions for the betterment of the people, Sunak made a significant announcement during his closing speech at the party's annual conference in Manchester. He declared the halt of the HS2 high-speed rail project to Manchester, a decision that had been anticipated for days. Addressing the party conference, he stated, I'm ending this long-running saga. I am cancelling the rest of the HS2 project. And in its place, we will reinvest every single penny - 36 billion pounds - in hundreds of new transport projects in the north and the midlands, across the country. Sunak's move to cancel the project had been met with mixed reactions within his party, as some members expressed their discontent. Despite his intentions to demonstrate decisiveness and action, the decision raised concerns about the stability of the party. However, Sunak and his team remained resolute, aiming to reshape his premiership by taking bold steps for the benefit of the nation.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?