Transport for London has distanced itself from a strike ballot involving RMT members working for the soon to be nationalised PPP contractor Tube Lines. The union is set to ballot members for industrial action "over a continuing threat to jobs and safe working conditions and in … [Read more...]
What happens to the PPP Arbiter?
May 13, 2010 By
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...]
TfL to buy out Tube Lines shareholders
May 8, 2010 By
The controversial Tube PPP scheme, which saw maintenance and upgrade work contracted out to private companies against the will of Londoners, is set to come to a close after Boris Johnson confirmed that Transport for London is to buy out the shareholders of Tube Lines. The company … [Read more...]
PPP Arbiter defers final ruling on Tubes Lines review
April 27, 2010 By
London Underground PPP Arbiter Chris Bolt has deferred his final decisions on the Tube Lines Periodic Review after finding that the firm cannot finance the work requested by London Underground within the budget LU has indicated it can afford. In a statement issued earlier today … [Read more...]
Mayor and Tube Lines clash over upgrade funding
April 12, 2010 By
PPP contractor Tube Lines has dismissed calls by London Mayor Boris Johnson and Transport for London for the company to raise cash to meet a funding shortfall for Tube upgrade works. Last month PPP Arbiter Chris Bolt ruled that the next stage of works to be carried out by Tube … [Read more...]
Business leaders warn over nationalised PPP’s value for money
April 6, 2010 By
London's businesses have accused Boris Johnson of playing politics with the Tube PPP contract In a letter published in the Evening Standard last week, Baroness Jo Valentine, Chief Executive of business group London First, warned that nationalisation of PPP contractor Tube Lines … [Read more...]
MPs slam Government’s “flawed” Tube PPP scheme
March 26, 2010 By
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...]
PPP Arbiter’s final ruling creates London Underground funding gap
March 10, 2010 By
London Underground faces a larger than expected funding gap for upgrade work carried out by Tube Lines after PPP Arbiter Chris Bolt increased his final determination costed the works at £4.46 bn, an increase of £65m on his draft directions published in December. In September … [Read more...]
