Showing posts with label Baroness Vadera. Show all posts
Showing posts with label Baroness Vadera. Show all posts

Monday, 5 July 2010

LUL - In the Brown stuff...

Telegrammed by Spinning Charles Yerkes
The pink ‘un had an interview on Friday with London Underground MD Mike Brown.

Brown, recently restored to us from his sabbatical at Heathrow, throws full light on the fall out from the collapse of Tube Lines.

  • Northern line resignalling delayed until after the Olympics
  • Piccadilly line upgrade postponed sine die, with further development work required on the signalling interface between the Picc and District in west London where they share right of way but not Infracos.
  • The interface between the Met line and the Jubilee line – another rubbing point between Metronet (dead) and Tubelines (almost deceased) – is cited as a project where things could have gone better.
  • The £1 billion resignalling of the Sub-Surface lines is being rescoped and relet next year, much to the dismay of Invensys (formerly Westinghouse) who had been a shoe-in under the Metrodebt tied supply chain but must now compete in open contest. Completion is not expected until 2018, until when the new S Train fleet will potter around under the old electro-mechanical arrangements, with train stops, and not get anywhere near the 50% increase in capacity promised.
  • Jubilee line resignalling, due for completion this autumn, won’t be. “We have not yet got into the detail of where we are on the programme and where its delivery schedule should get it,” Mr Brown told FT hack Robert Wright.
Beg pardon?

TfL agreed to buy Tube Lines in early May.

In two months, with full access to everything Bechtel and Amey ferrovial were doing, is it such a shag up that LUL still can’t discover an end date? (Yes. Ed)


Dame Shiti Vadera is 48 (ish, according to wikipedia) and Gordoom Brown is missing.

Monday, 25 January 2010

So farewell Tube Lines - sister to Metrodebt

The Devil's Lantern appears much exercised by the Tube in Turmoil.

Eye is surprised that the Metropolitan media hadn't seen this coming.

To lose one Chief Exec to unfunded Crossrail, might be considered a misfortune.

To lose a second within weeks... to National Express!!!, looks like carelessness.

In the words of ITV's Simon Harris "Still the signals don't work."

Thursday, 24 September 2009

Genius behind the PPP to leave the Government?

Sky News reporting that Business Minister Lady Vadera is expected to leave Government.

The railway industry will remember her fondly for the masterful way she broke the Underground.

Gordon next?


UPDATE: This from Leo Pink...

Nor should we forget that Lady Vadera was also instrumental in breaking Railtrack thus making her responsible for the 2004 Periodic Review which saw annual railway subsidy soar to £100 million per head of population!

UPDATE: This from Lazarus...

According to Leo "the 2004 Periodic Review which saw annual railway subsidy soar to £100 million per head of population!"

No wonder there's an exclamation mark, that's a total of £6,000,000,000,000,000 per year, or roughly 1500 times the UK GDP. Wow!

UPDATE:This from Leo Pink...

My apologies.

I was calculating the size of my bonus when I broke off to telegram Railway Eye with my thoughts on Lady V.

As a result I was thinking in millions.


The sum should of course be £100 per head..


Thursday, 9 October 2008

Granny hater

The Treasury's plan to shore up the banks appears to have received a cautious thumbs up from the City.

But what's this?

A brooding presence at Tuesday's late night discussions with panicky bankers was one Baroness Vadera.

According to The Times, Vadera "serves as Gordon Brown's eyes and ears".

According to Railway Eye Vadera served up the disastrous LU PPP and hates "grannies".

Memo to Bankers - Those who sup with the devil should use a long spoon.