>Rishi Sunak and Jeremy Hunt in talks to scrap phase two of HS2 as costs spiral>https://www.independent.co.uk/news/uk/politics/hs2-manchester-costs-rishi-sunak-jeremy-hunt-b2411191.html>Rishi Sunak and Jeremy Hunt are in discussions about scrapping the second stage of the HS2 rail project as costs spiral amid severe delays.>A cost estimate, seen by The Independent, reveals that the government has already spent £2.3bn on stage two of the high-speed railway from Birmingham to Manchester but shelving the northern phase would save up to £34bn.>The documents, discussed at a meeting at No 10 on Tuesday headlined “chancellor and prime minister bilat”, suggest the £2.3bn is now not recoverable even if it is cancelled. The Independent understands talks are ongoing.>It comes as the chancellor tries to find more economic headroom as he faces growing pressure from Tory MPs to offer tax cuts before the next election.This government cannot, and will not, build anything, because they simply don't believe in it. There's no vision, or plan, or strategy, besides pulling what's left of the copper wiring out of the walls