Newslinks | 24th May 2007

The NewsEditor

New London van guide to ease parking woes "The Freight Transport Association is delighted to be leading the way on tackling parking problems with the launch of the new London Van Guide. Developed by PIE Enterprises in partnership with FTA and Transport for London's Freight Unit, the guide provides detailed information about parking restrictions on London's streets as well as highlighting PCN hotspots and other useful information. " [from easier motoring]

Tube contractor pins hopes on review as overshoot hits £1bn

"The company behind a £17bn overhaul of London's underground network will seek a review of its controversial public private partnership contract over the next month after admitting that overspending has escalated. "Metronet said an extraordinary review, which would determine who pays for the overspend, is highly likely and added that the financial overrun is higher than the £750m revealed last year. It is now thought to be about £1bn." [from the Guardian]

Tube row shrouded in shades of grey

"Metronet, the embattled company behind a £17bn upgrade of London Underground, was asked by Tube officials to paint Lancaster Gate station three times in different shades of grey until they were happy with the colour.

"Andrew Lezala, Metronet's chief executive, said this was just one example of London Underground's wasteful approach to job specification on the project, which has left the contractor with projected cost overruns now thought to top £1bn." [from the Daily Telegraph]

Anger over Metronet cutting 290 jobs 'in its death throes'

"The company charged with upgrading most of the London tube network is to cut 290 jobs as part of a cost-cutting drive. Metronet said it would be reducing its 5,000-strong workforce by about 6% with 200 temporary employees going under a "streamlining" plan. It is facing a cost overspend of about £1bn on its public private partnership contract with London Underground and is under pressure to reduce costs." [from the Guardian]