A GLA report has revealed the rip-off which saw TfL £886m out of pocket after awarding contract to Bombardier which it could not fulfil.
Not only that, but the terms of the contract meant that when Bombardier jumped ship, TfL had to pay it for the money it had spent rather than the work it had done. And all this leaves the sub-surface upgrades delayed by years.
The money lost about 20 times the annual saving that Fit for the Future - Stations is due to achieve. Massive job cuts, ticket office closures, ... and all the money saved gets chucked down the drain.