Absolutely. Today
Metronet, the company which caused the derailment on 5 July, has called in the administrators amid serious financial problems.
It has emerged that Metronet was warned more than seven weeks ago about the problem which caused the crash, but failed to take the necessary action. The firm admitted that it owned the roll of heavy industrial plastic sheeting which was hit by a train in the tunnel between Mile End and Bethnal Green. The roll had been left too near the track and became caught in the train wheels, sending the first two of the eight carriages off the line.
Concerns about materials left too close to the track were raised by Tube chiefs at the end of May. In a strongly-worded written warning they said they had been a series of incidents involving the
"inappropriate storage of materials and equipment".
Responsible for the upkeep of nine tube lines, including the Bakerloo, Victoria and Central, Metronet was hired under a private-public financing initiative, a brainchild of Gordon Brown when he was chancellor. The warnings of compromising Tube safety by using private companies to undertake public works were not heeded, with tragic results.
London Underground, already the most expensive public transport system in the world, and constantly under threat from Islamic terrorists, cannot afford any further deterioration to it's appalling safety record.
I for one, refuse to use the underground under any circumstances, and although I take my life in my hands every time I cycle in traffic-choked London, the risk is preferable to being killed by either Jihadists or incompetent and greedy maintenance contractors hundreds of metres underneath the city streets.