[lbo-talk] London Underground's Privatization Experiment Dead as Remaining PPP is Bought Out

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed May 12 11:53:33 PDT 2010


"Former London Mayor Ken Livingstone sued the government twice in

the early 2000s to prevent the full-scale contracting out of

maintenance and work on the London Underground, which then-Chancellor

of the Exchequer and soon-to-be-former Prime Minister Gordon Brown

imposed on to the city beginning in 2003."

[...]

"One of the largest forays into re-privatization of a public transportation

entity in the West has come to an end, less than a third of the way into

what was supposed to be a thirty-year commitment."

[ ... more at ... ]

http://www.thetransportpolitic.com/2010/05/11/london-undergrounds-privatization-experiment-dead-as-remaining-ppp-is-bought-out/



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