HS1 Channel link leaves £4.8bn debt, says MPs
Taxpayers have been saddled with a £4.8bn debt from the Channel Tunnel high-speed rail line (HS1) so far, a report by a committee of MPs has said.
The Public Accounts Committee blamed over-optimistic forecasts about the number of passengers using the service.
It predicted that the final bill for the London to Folkestone line would rise to £10.2bn by 2070.
MPs on the Public Accounts Committee are warning Ministers not to make the same mistake with a planned high-speed link between London and the North of England, which will cost thirty three billion pounds.
The BBC's Transport Correspondent Richard Westcott reports.