London News and Opinion
When Boris Johnson appeared before the House of Commons transport select committee during their report into the ‘snow chaos’ I was happy to agree with those who thought he’d been overly generous with his time - the Mayor of London is already scrutinised by the London Assembly … [Read more...]
Now that Boris has agreed terms to buy out Tubes Lines shareholders Ferrovial and Bechtel what role is left for the office of the PPP Arbiter? Ever since the PPP scheme was forced onto Londoners in defiance of their clearly expressed will (as Labour ponders its renewal it might … [Read more...]
The Government’s Tube PPP scheme, which controversially saw private consortia brought in to maintain and upgrade the London Underground network, has today been slammed as “flawed” by MPs on the House of Commons Transport Select Committee. MPs also branded as “unacceptable” … [Read more...]
In 2007 Metronet, one of the companies brought in to manage the upgrade and maintenance of the London Underground under the government's controversial PPP scheme which has long been opposed by the majority of London politicians, collapsed after shareholders wrote off their investments … [Read more...]
A new report from the National Audit Office (NAO) into the failure of collapsed Tube PPP contractor Metronet has blamed “poor corporate governance and leadership” for the firm’s demise. The company collapsed in July 2007 when shareholders including WS Atkins and Balfour Beatty … [Read more...]
London Underground has published its annual report into the performance of Tube PPP companies Metronet and Tube Lines. The PPP contracts, entered into by central Government before control of the Underground passed to Transport for London and the Mayor, saw responsibility for maintenance … [Read more...]
The RMT has announced members working on the Underground are to stage two strikes over pay. Over 700 members working for cleaning contractors will hold their third strike between Thursday August 21 and Saturday August 23rd over ongoing demands to be paid the London Living Wage of … [Read more...]
Control of the failed tube contractor Metronet, which collapsed last year after shareholders withdrew support from the company, officially passed to Transport for London at one minute past midnight Monday. Transport for London are promising to invest £1.4bn in trains, signalling … [Read more...]
