Politics.co.uk staff

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HS2 now ‘very poor value for money’ after northern leg scrapped, MPs say

The government’s plan to build HS2 between London and Birmingham will be “very poor value for money” after the northern leg to Manchester was scrapped, according to a report from parliament’s spending watchdog. The Public Accounts Committee (PAC), which scrutinises government spending, found there are “many uncertainties” in the assessment that it was better to… Read more »

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Kwarteng admits new energy strategy could take half a decade to reduce bills
Former chancellor Kwasi Kwarteng to stand down at next election

Kwasi Kwarteng, the former chancellor, has announced that he will leave parliament at the next general election. Kwarteng, who represents the Spelthorne seat in Surrey, said he had told his constituency association yesterday that he would not stand at the next contest. In a post to X (formerly Twitter) today, he said: “Yesterday I informed… Read more »