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Question by:
John Biggs
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Meeting date:
12 September 2007
Before we get over carried away in an orgy of `I told you so', I thought first of all I would say that I am very happy to defend every comment I made seven years ago about the PPP. Secondly, I would remind colleagues and the Mayor that one of the PPP contractors is performing apparently to specification and is not going bust. Also, the shareholders in the Metronet consortium have lost millions upon millions of pounds as part of this so they have not exactly walked away laughing all the way to the bank, although there is obviously a...