Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Metronet transfer date to be set

Metronet’s exit from administration and transfer to Transport for London is making progress.

Administrators Ernst & Young have confirmed that a court hearing will take place on 23 May to set a date for the transfer of the people, assets and contracts of Metronet to TfL control.

London Underground managing director Tim O’Toole said: “We anticipate that the Metronet business will transfer to TfL during the next few weeks.

“Following Administration, we will seek to put in place a stable, economic and efficient structure that is better able to deliver Transport for London’s investment priorities leading to increased capacity on the Tube in future, along with station, security, accessibility and communications improvements.”