It's a little bit more than de-risking the project - the "new APT" they start discussing (with changes that "won't make that much difference" to passengers
) is the train that eventually developed into InterCity 225; the Class 91 locomotive and Mark 4 coaches.
Worth noting that with inflation to 2019 values that 850 million pounds quoted as being spent on the TGV/LGV Sud-Est project comes to just shy of 2 billion 890 million
There is a very interesting long-form documentary produced in 1988 concerning the development of InterCity 225 that includes discussion of APT-P that I'd thoroughly recommend to anybody with an hour to spare: