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The High Speed 2 rail link between London and Birmingham is to go ahead, Justine Greening, the Secretary of State for Transport, announced. The stretch to Birmingham would be completed by 2026, but a connection to Heathrow not until 2033, when the extensions to Manchester and Leeds would be finished. The cost of the project would be £32.7 billion. David Cameron, the Prime Minister, said in a separate initiative that shareholders would be empowered to limit the pay of company executives. Bob Holness, one of the first presenters on Radio 2 from 1967 and later the presenter of the television game Blockbusters, died, aged 83.
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Mr Cameron said he wanted Scotland to hold a binding referendum on independence earlier than 2014. The Scottish National Party insisted that all referendums are advisory and that the questions, not necessarily a yes-no choice, should be decided in Scotland.

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