On Oct 26, 1:30 am, alex_t wrote:
This is going to be very interesting indeed.

I think the most interesting thing will be the count of cancelled
development/upgrade projects in the near future - with both (possible)
MetroNet take over and (approved) CrossRail TfL will have to find at
least £5bn out of "nowhere"... :-(

Well they still get the ISC (Infrastructure Service Charge). They just
pay it to themselves! HM Govt was meant to give extra money to pay for
the PPP, so that the cost was not met by the London Taxpayer via their
council tax.
I don't know if it has happened this way, if you believe all thses
lying posters that TfL have put up everywhere they are paying for
everything via the £10bn loan from HM Govt. , whereas most of it is
being met by PPP.

Talk about Spin!

It will all be the same, nothing will change and it will be glogged
off into smaller chunks within 3 years, just in time to cream in the
money via improved Journey Time Metrics!