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Court set to rule on Tube row

NEWS

LAWYERS for London Underground and Transport for London are due to appear in the Court of Appeal today (Thursday) over the publication of a sensitive report into the part privatisation of the Tube network.

The court battle follows an appeal lodged by LU to place an injunction on a TfL-commissioned report by chartered accountant Deloitte & Touche after the high court ruled last month that a reduced version could be published.

LU will argue that publication of the document, which centres around bidders financial arrangements for the £9 billion upgrade of the two deep-level lines deals, will mean it loses its bargaining power during on-going negotiations for the £4 billion sub-surface lines contract.