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#1
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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 |
#2
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I am no lover of the PPP's but have to say that the Underground service
is greatly improved from what it was a few years back. I commuted into London in 1999 and again in 2001 and with the refunds for delays I got at least one free journey a fortnight. I am working in London again now and I haven't found the need to a single claim in. I was slightly amazed at Ken Livingstone's and Bob Kylie's comments though. Do these two think that if LUL were actually running the show that the situation would be any better. The only thing that I would say is that without the PPP's it would be 10 times worse. As far as I can see the only downside to the PPP's is no Steam on the Met. Kevin |
#3
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#4
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) gurgled happily, sounding much like they were saying :
As far as I can see the only downside to the PPP's is no Steam on the Met. Is that what's happened to it? I did wonder where it'd gone... |
#5
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In message , Michael Hoffman
writes The head of the private consortium charged with modernising much of London's tube network has been sacked According to the BBC yesterday he resigned: http://news.bbc.co.uk/2/hi/uk_news/e...on/4437427.stm (although he probably deserved to be sacked) -- Paul Terry |
#6
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Paul Terry wrote:
In message , Michael Hoffman writes The head of the private consortium charged with modernising much of London's tube network has been sacked According to the BBC yesterday he resigned: http://news.bbc.co.uk/2/hi/uk_news/e...on/4437427.stm (although he probably deserved to be sacked) Quite probably it was Hobson's choice. |
#7
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"Brimstone" wrote in message ...
Paul Terry wrote: In message , Michael Hoffman writes The head of the private consortium charged with modernising much of London's tube network has been sacked According to the BBC yesterday he resigned: http://news.bbc.co.uk/2/hi/uk_news/e...on/4437427.stm (although he probably deserved to be sacked) Quite probably it was Hobson's choice. The letter we had on our desks the other day said it was by mutual agreement. He's the third director to go in the last few months, all in the same way strangely enough. |
#8
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Thomas Crame wrote:
The letter we had on our desks the other day said it was by mutual agreement. He's the third director to go in the last few months, all in the same way strangely enough. Followers of football will know that "mutual consent" is shorthand for "the employee was told, resign or we'll sack you; the employee resigned." |
#9
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#10
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Paul Corfield wrote in message . ..
On 14 Apr 2005 15:58:08 -0700, (Thomas Crame) wrote: [departing metronet directors] The letter we had on our desks the other day said it was by mutual agreement. He's the third director to go in the last few months, all in the same way strangely enough. Not strange really. It was evident that Metronet were hugely exposed and their reputation was taking a mauling. That is when bankers and investors start getting very nervous indeed. Certain other things have happened that added to these problems. The people at the top have to go when it is clear they are (a) responsible and (b) not able to secure an improvement quickly. My comment about the 'strange' departure was intended to be sarcastic, we all know that the reputation of Metronet is pretty poor. However, let us remember that Metronet has only been in charge for two years, the majority of staff are ex-LU and still do not think 'The Metronet Way'. Changing the culture that existed in while in LU control (and carried on into the first year or so of Metronet ownership) is going to take a long time, and no sucession of changes at the top will affect that. As for the comments about Tubelines not being as bad, a number of former colleagues of mine have jumped ship there recently and more are following. Something in the water perhaps...? |
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