Chancellor Rachel Reeves is expected to approve funding for the Euston station for HS2, as terminating the line at Old Oak Common would exacerbate overcrowding.
Former PM Rishi Sunak scrapped the second leg of HS2 due to rising costs and indicated that the Euston terminus depended on private investment.
Government sources highlight that HS2 would be ineffective without Euston as the terminus. Euston has become a neglected space requiring urgent investment.
The reduction from ten to six platforms at Euston is projected to cost taxpayers £152.9 million, limiting HS2's expected economic benefits.
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