Pledge urged on Tube jobs after shares deal
The end of the controversial Public Private Partnership (PPP) on London Underground was signalled with a deal to bring all Tube maintenance and upgrade work back in house.
Transport for London (TfL) announced on Friday that it had entered into an agreement to buy the shares of Bechtel and Amey (Ferrovial) from the Tube Lines consortium for 310m.
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Hide AdTfL said the agreement will involve no extra financial call on the Government, taxpayers or farepayers, adding it was confident of generating big savings.
Unions called for assurances about jobs and conditions of the 3,000 Tube Lines employees.