Metronet, a company set up to manage the upgrade of three-quarters of London's tube network, is seeking administration after have accrued debts of up to £2 billion, following the decision on Monday to limit the amount of extra funds that the company would receive from public funds.
Metronet, a company set up to manage the upgrade of three-quarters of London's tube network, has gone into administration after having accrued debts of up to £2 billion, following the decision on Monday to limit the amount of extra funds that the company would receive from public funds.
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