Another void has been located in London's public transport arithmetic. The Guardian's Dan Milmo reports:
The London underground network is facing a funding gap of more than £3bn as the cost of repairing the tube system spirals out of control. An assessment of the tube network's financial needs published this morning outlined a financial black hole of up to £1.4bn on a third of the capital's underground lines. The latest figures create a severe financial headache for the government when they are added to the projected £2bn funding gap on the rest of the tube system.
TfL is blaming the government and asking it to step in. The Assembly's Lib Dems are pinning the problem on Gordon too. Their transport spokesperson is Caroline Pidgeon AM. In a statement she says:
"He was the Chancellor of the Exchequer who pushed through the ill-fated PPP project for London's Underground and that project has now cost London's hard pressed traveling public billions of pounds. Gordon Brown assured Londoners the PPP method of funding the tube was the only way in which upgrades and refurbishments could be provided. And yet we're still waiting for them."
I wonder what Labour has to say.
