The head of the private consortium charged with modernising much of
London's tube network has been sacked after a litany of complaints over
delayed station refurbishments, slow track renewals and poorly managed
maintenance.

John Weight, chief executive of Metronet, was dismissed yesterday with
an estimated payoff of £350,000, in a move which revealed grave concern
among investors about the poor performance of the government's
controversial public-private partnership (PPP) on the London Underground.

http://www.guardian.co.uk/business/s...459059,00.html
--
Michael Hoffman