Northern contractors still reeling from rail cancellations

Northern contractors still reeling from rail cancellations

Contractors across the north of England have raised fears over an “economic black hole” for the local industry following government cancellation of rail plans across the region.

Leaders of the Construction Alliance North East (CAN) fear cancellation of HS2 and other scaling back measures in the Integrated Rail Plan (IRP) could lead to a “multi-billion pound economic black hole which will have a huge impact on regional SME contractors.”

They predict that cancellations to plans to extend HS2 improvements into Leeds and beyond plus other reductions in infrastructure spend will mean construction firms in the North East missing out on millions of pounds worth of lucrative non-rail construction contracts.

 

updated: 26/11/2021

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