Date: 14/03/2016

Four Tube line upgrades will be five years late and £886m over budget after 'gross mismanagement' by Transport for London, the London Assembly says. TfL spent £85m paying off Bombardier, the firm originally appointed for the work, whose contract was a 'disaster for London', an assembly report said. It means District, Circle, Metropolitan and Hammersmith & City lines upgrades are not due to be complete until 2023. TfL said work was now 'well under way' and it had taken action to cut costs. [From Richard Buckby]

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'Scandal' of £886m Tube upgrade delays

BBC News

Tube line updates will be five years late because of "gross mismanagement" by Transport for London, a London Assembly report says.