How New Labour privatised the Tube
The last in our series of extracts from Janine Booth’s new book, Plundering London Underground: New Labour, private capital and public transports 1997-2010. When New Labour came to power, they were keen to distance themselves from the demands of the labour movement and to appeal to big business for support. This lead them to privatise industries that even the Tories had never dared to touch. In this extract, Janine looks at how this disastrous approach was applied to London Underground. The London Underground Public-Private Partnership is an indictment of New Labour, whose turn away from the...