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The prime minister and chancellor are facing mounting pressure from regional leaders of all political stripes after rumours they planned to scrap major part of HS2. 

Earlier this week, senior government sources were quoted as saying Rishi Sunak had 鈥渕ade up his mind鈥� to scrap both the northern section and the connection from Old Oak Common into central London. 

But heavy criticism from regional business and political leaders, including from his own party, may have weakened the prime minister鈥檚 resolve, with The Independent reporting that he and his chancellor had got 鈥渃old feet鈥� over the cut. 

The Treasury believes its proposal to ice the scheme 鈥� nicknamed Project Redwood 鈥� would save 拢34bn in planned spending but leave 拢2.3bn in spent funds unrecoverable. 

But the notion of ending the line in the West Midlands was criticised by the Conservative mayor of the region, Andy Street, who said the business case only made sense if it was built in full. 

鈥淚t makes perfect sense for the prime minister and chancellor to keep it under review and regularly look at the best ways to deliver the project for the taxpayer,鈥� a spokesperson for Street said. 

鈥淭hat is very different to 鈥榮crapping鈥� some or all of HS2. Remember, the business case only stacks up if the line is built in full - which is what should happen.鈥� 

鈥淎ndy fought tooth and nail to win this once-in-a-generation investment for the West Midlands, and he has no intention of reopening the argument.鈥� 

Meanwhile, Andy Burnham, mayor of Greater Manchester, where the line is currently intended to terminate in the north, told the Guardian newspaper that the suggested cut would leave the north struggling with 鈥淰ictorian infrastructure鈥�. 

鈥淲hy does the north of England have to choose between a good east-west line and north-south? London has both,鈥� he said. 

Senior representatives Burnham鈥檚 own party have issued a series of contradictory statements regarding its position on the high-speed line in recent days. 

At the weekend, shadow cabinet minister Pat McFadden said Labour would need to see the scheme鈥檚 revised costs before making a final decision, only for his frontbench colleague Nick Thomas-Symonds to firmly commit to the scheme on BBC Radio 4. 

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Shadow treasury minister Tulip Siddiq later told Times Radio that Thomas-Symonds 鈥渕aybe knows something I don鈥檛鈥�, saying she 鈥渨ould not be a very responsible shadow Treasury minister if I didn鈥檛 look at the final costs鈥�. 

An updated costing for HS2, which is currently costed in 2019 prices, is not expected to be completed until before the next spending round next year. 

Party leader Keir Starmer gave a vague statement on the scheme during a visit to Paris this week. 

鈥淲e鈥檝e always supported it and I think the government needs to end the chaos now, make a statement and make clear that it will hold good on the promises it has made,鈥� he told broadcasters. 

鈥淭he only doubt that has been cast now, and the only reason we are having this discussion, is because it鈥檚 now possible that they are going to fail on yet another infrastructure project.鈥�