The Tube could “run into the budget buffers before it has even set off,” says The Times’ leader column.
The comment comes in response to startling conclusions from the National Audit Office on the sum that has been poured into the Underground’s PPP improvements which passengers will have to wait another 21 years to see.
The newspaper says the Tube PPP is “uniquely complicated” and politicised but similar mismanagement has afflicted many other public projects.
It describes how advisers on privatising the Tube have lapped up juicy fees for advice that it says should have been unnecessary.
Patience Wheatcroft, in the same newspaper, also comments on the gravy train for consultants, solicitors, engineers and construction comments that the PPP has become.
References: The Times (Compact) 18/06/04 page 14 (Comment), page 17 (Commentary)
