In regards to cost:
HS2 is more expensive compared to other HSR projects:
The scope of HS2 is much larger than most European HSR projects, because it is essentially trying to address 50 years of delayed infrastructure upgrades. Euston, Birmingham, Manchester, Leeds were all due significant station upgrades, which HS2 provides. This is combined with tunnelling to provide extra track capacity in to the cities - remember many European HSR projects use existing lines into city centres. The UK does not have that kind of spare capacity remaining.
Costs have increased:
So the cost increases are complicated, but not perticularly related to the physical infrastructure plans. They surround things like contracting and long term planning.
HS2 is in the position of having to build new skills, supply chains and the like to construct a railway, which isn't something we have done for a while. The cost of this is significant, and unrealiable stop/start funding for infrastructure has been estimated to add 1/3rd to construction costs for projects on the existing railway.
Additionally, the government went around contracting in a silly way. They decided to off-board all the risk to the contractors, with punishment for not delivering on time. When you are building the most major infrastructure project in Europe, in a country that has constructed relatively little new rail in the past century, risks of delays and overruns are high. Therefore the bids that returned were significantly higher than they would have been otherwise, in order for the contractors to feel comfortable taking on that risk. It doesn't really make any sense, because the government is essentially the country's biggest insurance company and can take on risk itself, saving itself lots of money when hanging out contracts. - Worth noting that Metrolinx in Toronto is trying rewarding contractors with extra cash for delivering on time. This appears to not only be working well, but also saving money.
Add to this the constant redesigns, studies, redesigns again, inquiries and you start to see why costs are going up and up. Too many cooks, too few shovels. Just get on with the damn thing before the costs go even higher.
Yep. The important thing is, whatever is initially built is done in such a way not to prevent the full shebang being completed at a later date.
Totally agree.