HS2 and Crossrail chief Terry Morgan resigns after predicting he would be sacked

HS2 and Crossrail chief Terry Morgan resigns after predicting he would be sacked

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December 2018

Sir Terry Morgan has formally resigned as chairman of HS2 and Crossrail, two of the nation’s biggest infrastructure projects, days after very publicly predicting his imminent sacking.

Morgan had been chair of Crossrail, the project to provide the capital with new east-west rail link through the delivery of a new deep-bore tunnel system, for nine years.

He was only appointed to the HS2 role in July, weeks before Crossrail announced it was pushing back its opening schedule from December this year by up to 12 months to “autumn 2019”.

The Financial Times reported earlier this week that Crossrail was on track to seek a further bailout likely to amount to “hundreds of millions of pounds” to complete the project. It said the precise figure would depend on a report being prepared by consultant KPMG.

A statement from the Department for Transport said it and Transport for London had “accepted” Morgan’s resignation from his Crossrail role. Both organisations are partners in the £15bn project.

Transport secretary Chris Grayling said he had also accepted Morgan’s resignation from his HS2 role.

Read the full article here.

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