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Monday, September 24, 2007

London Blunderground

Many thanks to
Jo for spotting the following sticker on the Central Line

London Blunderground taken by Jo

She said "Sorry for the bad picture quality! Had to zoom in and try not to take too many photos of the bad-tempered man sitting underneath it by mistake. I didn't use flash, either - of course."

In the meantime Metronet's blunders & its eventual collapse mean that Transport for London could be footing a bill for up to £1.07bn. On Friday PPP arbiter Chris Bolt published initial findings from his review which stated that TfL might be liable for a pretty hefty amount. Which we all know that if TfL take over Metronet's contracts somehow that billion quid will be found from taxes, raised fares or cut backs on station upgrades.

TfL are seething about the report being published and said "We cannot understand why the arbiter has decided to conduct this exercise outside of the formal extraordinary review process. He has based his ruling on the hypothetical performance of a company that is languishing in administration. The whole thing is bizarre." The same spokesperson maintained TfL's position that it should not incur any of the bill for Metronet's cost overruns.

Watch the saga continue.

; Posted by Annie Mole Monday, September 24, 2007 Permalink COMMENT HERE Add to Stumble Upon