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London Underground News

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London Underground must find an extra £460 million to finance the upgrade of the Northern and Piccadilly lines, or scale back planned improvements to the lines, after a ruling from the independent arbiter that oversees the controversial PPP contract between the Tube operator and Tube Lines, the

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London Underground told to find extra £460m for tube - Times Online

London Underground must find an extra £460 million to finance the upgrade of the Northern and Piccadilly lines, or scale back planned improvements to the lines, after a ruling from the independent arbiter that oversees the controversial PPP contract ...

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London Underground told to find extra £460m for tube - Times Online

London Underground managing director Richard Parry on the decision to axe jobs London Underground (LU) is to axe up to 800 jobs under plans to make savings of £16m a year, the company has announced. Tube officials said the cuts would include 100 ...

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London Underground to axe up to 800 jobs - BBC UK News

LONDON Underground is to axe up to 800 jobs under plans to make savings of £16 million a year, the transport giant announced today. The cuts will include 100 managers, 450 ticket office posts and up to 200 other jobs, although London Underground (LU ...

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800 London Underground jobs to be axed - Scotsman

Boris Johnson must consider making cuts to London 's public transport network or postponing improvements to one of the capital's busiest Underground lines after he was told to plug a £450m funding gap in a controversial public-private partnership to ...

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London Underground ordered to plug £450m PPP funding ... - The Guardian

London Underground has announced it is axeing 800 staff under plans to save £16m a year. The cuts will include 100 managers, 450 ticket office posts and up to 200 other jobs. The transport giant said it is aiming to slim down staff without making ...

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London Underground To Cut 800 Workers - Ananova

London Underground must find an extra £460 million to finance the upgrade of the Northern and Piccadilly lines. Chris Bolt, the man whose job is to rule on disputes about the running of the Tube, told London Underground that it must pay Tube Lines ...

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Tube Lines looting London, says the Mayor - Times Online

London Underground’s former managing director could be set to make a return to the capital as head of one of the private contractors he strongly criticised while in office. Tim O’Toole has held preliminary discussions with Tube Lines about the ...

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Former Tube chief in line for London return - Financial Times

The sum is £460m more than Mr Johnson believes London Underground should pay for the works on the Jubilee, Northern and Piccadilly lines. He now faces the choice of cutting the scope of projects or plugging the funding gap. A furious Mr Johnson, who ...

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London Mayor Boris Johnson threatens legal action ... - Daily Telegraph

The row over funding for the London Tube upgrade switched to a new, but equally incendiary tack yesterday after the independent Arbiter settled the value of the next slug of work at £4.46bn and immediately faced a threat of a legal challenge from ...

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