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Just announced on the BBC - https://www.bbc.co.uk/news/business-59292120
So where does this leave the Northern Powerhouse now?The government is set to scrap the eastern leg of HS2 between the Midlands and Leeds, sources have told the BBC.
The Transport Department will instead announce a new rail plan on Thursday, involving £96bn of funding for new routes in the North and Midlands.
Sources said the impact of scrapping the Leeds leg of HS2 would make journeys longer by 20 minutes.
But the government is set to argue the new plans will deliver comparable benefits more quickly and cheaply.
A source told BBC political correspondent Nick Eardley they would show an "enormous amount of common sense".
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