Looks like the PPP initiative on London Underground has gone a bit pear shaped, with Metronet applying to go into administration . I wonder whose idea PPP was, any clues?
Oh, it is said that it was the brain child of a certain recently unelected prime minister. Even Red Ken was opposed to the idea! The first of innumerable chickens coming home to roost? Let us hope so, although I am sure the NuLabour spin machine will be whirring into overdrive to try and divert attention away from this