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UK's HS2 rail line must run to central London, finance minister Reeves states

British financing minister Rachel Reeves said on Wednesday the southern leg of the HS2 train line should go to main London, and that the government would devote moneying to begin the tunnelling needed.

The multi billion-pound project was downsized by the previous government last year.

Providing the very first budget of the brand-new Labour government, Reeves said the high-speed rail task - which will link the capital city to Birmingham in central England - must reach Euston station.

Without brand-new personal cash the railway was set to terminate at Old Oak Common in the outskirts of the capital under former Prime Minister Rishi Sunak, who likewise cancelled the northern leg of the task between Birmingham and Manchester over cost overruns.

We are dedicating the financing required to start tunnelling work to London Euston station, catalysing private financial investment into the city, Reeves said.

The project, proposed by the last Labour federal government in 2010, was developed to add capacity to Britain's railway network and help the country's infrastructure catch up with other European nations which have comprehensive faster modern tracks, however its expenses have actually spiralled to over 100 billion pounds.

(source: Reuters)