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Tube plans 'poor value'.

Government plans to modernise London's crumbling Underground system came under fire yesterday after an independent report warned they represented poor value for money and could jeopardise passenger safety.

The report by the Industrial Society said the Government must introduce a much tougher value-for-money test if it was to go ahead with its proposed part-privatisation of the network.

If that could not be done then the planned public-private partnership should be abandoned in favour of mayor Ken Livingstone's proposal for a bond scheme to finance the modernisation programme.
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Publication:The Birmingham Post (England)
Date:Sep 25, 2000
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