| Underground Revolution |
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| Written by Kenneth Irvine (1997) | |
| Wednesday, 26 November 1997 | |
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Private finance can save London Underground from crisis. The report proposes that three to five, probably four investment-led contracts, or "concessions", should be offered to private sector consortia to design, modernize, finance and operate services, stations and infrastructure. Such a structure would provide operational flexibility in deploying rolling stock and manpower It would also provide more bankable revenue streams. |
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