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<p>The Government remains committed to delivering a privately financed HS2 Euston
station as part of a transformed ‘Euston Quarter’ outlined in the Network North paper.
The Department continues to define and develop a range of development models and financing
mechanisms to best meet the objectives of the ‘Euston Quarter’, ensuring that funding
is underpinned by contributions from those people and businesses this development
supports. This includes consideration of options for using alternative funding to
cover the section of HS2 from Old Oak Common to Euston. In the interim, certain activities
and works to enable and realise the new Euston Quarter are being progressed with the
support of some public funding, but with the intention of that funding being recouped
later from private sources.</p>
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