AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
World Print 2020-02-17

UK government has not talked to China about building HS2 rail project: minister

The British government has not talked to China about helping build High Speed 2, the major rail project given the green light last week despite being billions of pounds over budget, Transport Secretary Grant Shapps said on Sunday.
Published 17 Feb, 2020 12:00am

The British government has not talked to China about helping build High Speed 2, the major rail project given the green light last week despite being billions of pounds over budget, Transport Secretary Grant Shapps said on Sunday.

A report in the Financial Times said China had offered to build the rail line, known as HS2, in five years and for less money. "I've certainly had no advice on the subject, obviously I will be asking to see what the communication has been," Shapps told the BBC's Andrew Marr on Sunday.

"This has not been a discussion with the department, it's been a discussion with HS2 as I understand it." Shapps said he wanted to push ahead with major projects more quickly. "There are things we can do to speed this up and I want to learn from everyone but I also want to make sure the British ingenuity and skills and apprentices and all the rest of it come through on this massive project," he said.

Shapps also told Marr the resignation of finance minister, or chancellor, Sajid Javid on Thursday could result in a delay to the budget planned for March 11. "This is a matter for the new chancellor Rishi (Sunak)," he said. "I don't think we've said it will definitely go ahead on the same date that was mentioned before in March, that will be a matter for the chancellor."

Copyright Reuters, 2020

Comments

Comments are closed.