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<p>The 2015 Spending Review confirmed a funding envelope for the whole of HS2 of £55.7bn
in 2015 prices.</p><p> </p><p>HS2 Ltd has been set Delivery-In-Service targets by
Government under its Development Agreement, which are to deliver initial Phase One
services from 2026 and the whole HS2 network by 2033.</p><p> </p><p>HS2 Ltd is currently
working with their contracted suppliers to update and agree the latest cost and schedule
positions for Phase One. Once completed we will make these details public as part
of the Phase One Full Business Case, which is due for publication later in 2019.</p>
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