The Tube, 1863 to 1979
Janine Booth’s new book, Plundering London Underground: New Labour, private capital and public service 1997-2010 examines the Public-Private Partnership (PPP), which was dreamed up, and imposed, but also faltered and collapsed, within the term of Blair and Brown’s Labour government. One key “justification” for the PPP was that London Underground was is such a poor condition that it required a massive cash injection. The argument went (wrongly) that only the private sector could deliver that investment. But how did London Underground get into such a woeful state? The first section of Plundering...