Metronet bosses have been paid out £1.2 million to get rid of them. Metronet went belly up in the summer leaving us with a farewell present of £2 billion debt. Metronet got the contract to maintain two thirds of the tube network, despite the opposition of Mayor Livingstone and pretty well everyone who lives in London. Metronet is not actually a firm. It’s a consortium of companies such as Balfour Beatty and Thames Water. They contracted the work out to firms who actually did the repairs, firms such as Balfour Beatty and Thames Water. Presumably they cut cards to share out the work. What a racket!
