UK Government confirms funding for tunnelling from Old Oak Common to Euston
- 30 Oct 2024
Today (30 October) the UK Chancellor of the Exchequer, Rachel Reeves, delivered the Government’s Autumn Budget. Within her budget the Chancellor revealed that HS2 trains will run to Euston, with funding provided for tunnelling to the central London terminus, catalysing private investment into the station and local area.
Lendlease is the Government’s Master Development Partner for Euston. The company is responsible for developing a masterplan for the area above and around the stations.
Andrea Ruckstuhl
“We’re working closely with Government, the Mayor of London and Camden Council to drive forward this truly transformational opportunity for regeneration at Euston. Following today’s announcement and as master developer, we plan to bring forward new buildings and public spaces at Euston through a planning application and partnerships with investors. The redevelopment of Euston is a once-in-a-generation opportunity to deliver improvements for the local community that will include new homes, businesses and community spaces; while also generating significant value for the UK economy.”