London Underground

In the light of the powerful analysis in the report, which I warmly welcome having been a long-term and trenchant critic of PPP and its cousin, the private finance initiative, does my hon. Friend feel that there is a serious risk that, at some time in the short to medium term, Tube Lines will go the same way as Metronet? Does she agree that the way of avoiding the catastrophic costs and impact on the public is to take Tube Lines back in-house as soon as possible so that its shareholders cannot meander quietly into the darkness of a tunnel to pocket their profits while we taxpayers have to underwrite their incompetence and veracity?