METRONET AND LONDON UNDERGROUND

That this House notes with concern the collapse of Metronet, which was responsible for two thirds of London Underground maintenance and renewals; further notes with concern that the collapse may leave a debt of billions of pounds which might have to be paid for by the tax and fare payer; further notes the success of Network Rail on the mainline railway of bringing maintenance back in-house which has resulted in reduced delays and greater control over costs; believes that bringing London Underground maintenance back in-house would result in a more economic and efficient Tube; and therefore welcomes the Mayor of London's indications that some of Metronet's contracts should be brought back in-house and urges the Government to support this position.