Go offline with the Player FM app!
Why is UK construction so expensive
Manage episode 435376073 series 1521983
In this episode, we investigate the staggering costs associated with the UK's HS2 project, specifically focusing on the cancelled Phase 2 and the implications of its financial management. The video highlights the National Audit Office report revealing almost £100 million spent on closing unused sites and £592 million on unnecessary land acquisitions. Compare this with other international projects to discuss why UK's construction costs, including those of Crossrail, are among the highest in the world. We also question the nation's procurement practices and consider the financial accountability of public projects.
444 episodes
Manage episode 435376073 series 1521983
In this episode, we investigate the staggering costs associated with the UK's HS2 project, specifically focusing on the cancelled Phase 2 and the implications of its financial management. The video highlights the National Audit Office report revealing almost £100 million spent on closing unused sites and £592 million on unnecessary land acquisitions. Compare this with other international projects to discuss why UK's construction costs, including those of Crossrail, are among the highest in the world. We also question the nation's procurement practices and consider the financial accountability of public projects.
444 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.