Yes, that's exactly what I think will happen and I think the folks at Openreach know it and want it that way.
As to HS2, the government has committed tax players money, our money, to contractors and jobs for this project and will not want to back out of it and any issues with contractual obligations at this point. It should in my opinion be cancelled, but they won't. As I've written here before, 20 billion for a technology essentialy first rolled out in 1825. ;-)


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