Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

CONSERVATIVES WELCOME LSE REPORT ON LONDON UNDERGROUND

  • Comment
Conservative shadow minister for London, Richard Ottaway MP, has welcomed the London School of Economics report on ...
Conservative shadow minister for London, Richard Ottaway MP, has welcomed the London School of Economics report on the future of the Underground.

Mr Ottaway said: 'The report, by Glaister, Scanlon and Travers, is as damning as they come. It makes clear that the government's plans are not viable.'

The report states that 'the government's plan for the public private partnership (PPP) for the Underground is flawed in principle, and impractical ... Before it is too late, the government should alter its plans and modify the GLA Bill to allow the new mayor and assembly the freedom to choose the best solution from among a range of available alternatives.'

Mr Ottaway said: 'We agree. It confirms our view that the GLA will be lumbered with an inflexible debt for more than 30 years with little prospect of being able to re-pay it or that the mayor will have any say in the investment strategy.

'People are fed up with jams, delays and dirty trains. They want to see some action and they want it now. There is no planned expansion for the underground, no increase in capacity and no vision for the future.

'It's ironic that this report comes out just days after the privatised railways announce a£27bn investment programme. At the same time, railway fares are falling in real terms. Publicly-owned London Underground has rising fares, low investment and an uncertain future. What a contrast!'

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.