I am ending this long running saga. I am cancelling the rest of the h52 project. And in its place. And in its place, we will reinvest every single penny, £36 billion, in hundreds of new Transport Projects in the north and the midlands, across the country. This means £36 billion of investment in the projects that will make a real difference across our nation. Applause ijust want to remind you exactly what hs2 actually is. Its a High Speed Railway which is what the Hs Stands For and it was touted as the uks biggest infrastructure project, aiming to transform public transport between london, the midlands and the north. The first part, between west london and birmingham, is already under construction and will be completed. But the length stretching further north from birmingham to manchester has now been officially scrapped. A separate leg from nottingham to leeds had already been canned. The last official estimate on hs2 costs, excluding the cancelled section, added up to about £71 bil