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Old May 8th 10, 08:15 AM posted to uk.railway,uk.transport.london
solar penguin solar penguin is offline
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First recorded activity at LondonBanter: Oct 2006
Posts: 124
Default Newsflash: TfL buys out Tube Lines!


Mizter T wrote:
[original thread on uk.railway]
[x-posted to ik.transport.london]

On May 7, 11:59*pm, Bruce wrote:
Quite a surprise except to those who knew about the negotiations:

"Tube Lines' shareholders agree £310M buyout deal with TfL

Shareholders of London Underground contractor Tube Lines have tonight
agreed a buyout deal with Transport for London (TfL) for the PPP
arrangement with a price tag of £310M.


Let's see if I've got this right. The Tories are, in effect,
nationalising a private sector setup that Labour created...

My brain hurts!!!