London mayor takes the Tube back into public hands

Public-private partnerships (PPP) were meant to bring private sector efficiency to public sector services. But it didn't work for the London Underground, which is now back in public hands after PPP costs rocketed. Simon Wilson reports on what went wrong.

The public-private partnership (PPP) on London's underground rail system has been scrapped. So is this the death knell for the whole PPP scheme? Simon Wilson reports.

What has happened?

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.