Competitiveness

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 29 March 2001.

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Photo of Andrew Smith Andrew Smith The Chief Secretary to the Treasury 12:00, 29 March 2001

It is in everybody's interests—long-suffering travellers in London, the economy of London and the wider economy of the UK—that we achieve the modernisation in the London underground that is so clearly needed and that was so neglected when the previous Government were in office. The best way to do that cost-effectively, to time, to standard and with the high safety standards that we must secure is through the public-private partnership and through safety remaining in the public sector.