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Tube sell-off back on agenda (872 words) |
 | Privatisation of London Underground has been mooted by right-wing Tories for years but the subject remained in the sidings until a throwaway comment from prime minister John Major at last year's Conservative Party conference that the principles of rail privatisation could be applied to the Tube. |
 | Despite this, there is a surprising dearth of recent research on London Underground's privatisation and Britain's new railway barons are reluctant to upset their Department of Transport paymasters by revealing what they would like to do with the Tube. |
 | The stock market triumphs of Railtrack and Prism Rail stirred a city appetite for the sector and the most obvious way of privatising the Underground would be to sell off the right to operate the trains and create a company to own the track. |
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London Underground (2577 words) |
 | The London Underground is a public transport network, composed of electrified railways that run underground in tunnels in central London and above ground in the London suburbs. |
 | London Underground states that North Greenwich station, for example, "is large enough to contain 3,000 double-decker buses or an ocean liner the size of the Queen Mary within its walls". |
 | London Transport also sell daily, weekend, weekly, monthly, and annual "LT cards", allowing unlimited rides in one or more zones on buses or on the London Underground; these are a good deal for commuters and anyone else who rides the trains or buses daily. |