Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/616/9032

From The Socialist newspaper, 17 March 2010

Tube Lines: Another fine mess

ANOTHER DISASTER for privatisation. Tube Lines, the company responsible for maintenance and upgrade work on the Jubilee, Northern and Piccadilly lines of the London Underground has been branded as "ailing and failing" by Transport for London.

If that were not bad enough, London Underground (LU) are bringing in forensic accountants to "examine massive and secretive payments to Tube Lines shareholders".

Earlier this year Tube Lines put in a claim to LU for 327 million compensation for cost overruns. But an independent adjudicator found in favour of LU and told Tube Lines to pay LU's legal fees.

However the PPP arbiter also said that spending on the works on the three lines should cost 4.46 billion, 1.3 billion less than Tube Lines wanted but 460 million more than LU can afford. But he wants LU to fund the shortfall - ie passengers and taxpayers.

Tory mayor Boris Johnson whinges that Tube Lines are "looting" public money - he claims that Tube Lines' co-owners will be paid 400 million in management fees by 2017. But what does he thinks happens under the Tory (and Labour) policy of hiving off everything you can to private profiteers? Privatisation is nothing but a license to print money for big business.

The Tube Lines contract should be terminated immediately and there should be a trade union enquiry into where all the money has gone. The maintenance and upgrade work should be done in-house and the whole tube system run as part of a democratically run transport system.

Alison Hill

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 17 March 2010:

BA workers, civil servants: Defending jobs and conditions


Socialist Party workplace news and analysis

Support British Airways cabin crew

PCS Budget Day action

'Winners' and losers in Royal Mail deal

Workplace news in brief


The state

State infiltration - a warning to the workers' movement


Youth fight for jobs

Youth Fight for Jobs day of action


Unison witchhunt

Unison leadership's "scorched earth policy"


Socialist Party news and analysis

Coventry: Voters need socialist fighters - not service cutters

Free the Tamil refugees

Tube Lines: Another fine mess

News in brief


Socialist Students

Defend higher education

Defending public education in the USA


International socialist news and analysis

Another general strike brings Greece to a halt


Socialist Party inteview

Iceland: 93% reject bankers' bailout


Marxist analysis: history

Thatcher's enemy within: 25 years after the end of the miners' strike


Trade Unionist and Socialist Coalition

Trade Unionist and Socialist Coalition


Workplace news and analysis

Surrey workers fight cuts

Fighting the cuts at Leeds University

Unite to save Northcott Theatre


Socialist Party feature

Cuts mean poorest people priced out of the legal system


 

Home   |   The Socialist 17 March 2010   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Tube Lines:

triangleRMT wins important tube jobs and grading victory

triangleRail workers fighting back!

triangleStrike action wins at Tube Lines

triangleRMT ballots Tube Lines workers

London underground:

triangleTransport for London - Justice for cleaners!

triangleVote for socialist fighter Jared Wood in RMT elections

triangleFantastic RMT London Underground victory

triangleThem & Us

Privatisation:

triangleSave the NHS: kick out the Tories

triangleFrimley NHS Trust: Strikers remain determined to defeat privatisation

triangleBroadband: privatisation has failed to deliver, time for a socialist plan

Reports and campaigns

Reports and campaigns

4/12/19

Socialist Party

Fight for your future - join the socialists

4/12/19

UCU

Strikes: more determined than ever

4/12/19

Socialist Students

Students and workers united in struggle

4/12/19

South Western Railway

It's a strike to ensure the safety of the travelling public

4/12/19

Surrey

Surrey firefighters to ballot on Christmas industrial action

4/12/19

Hull

Social workers lobby Hull City Council

4/12/19

Climate change

Climate strikes: Students and trade unionists protest together

4/12/19

Socialist Party

Why I joined: "Proud to be a socialist"

4/12/19

Carlisle

Carlisle election meeting: Education - time to make the mega-rich and corporations pay

4/12/19

Council

Workplace news in brief

4/12/19

West Midlands

Solid support for guards on West Midlands Trains

4/12/19

Climate change

Climate change election debate - Corbyn offers best green solutions but needs to go further

4/12/19

The Socialist

Selling the Socialist

4/12/19

Royal Mail

Royal Mail court ruling - national reps meeting and solidarity action essential

4/12/19

RMT

Jared Wood overwhelmingly elected to RMT executive

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07954 376 096

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999