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Lib Dem mayor could raise LU cash 'in six months'

NEWS

LIB DEM candidate for London Mayor Susan Kramer this week claimed that she could raise the money needed to refurbish the London Underground network in six months.

Forty-nine-year-old Kramer, who has advised on the financing of transport infrastructure projects in Hungary, Poland, Romania and Austria, was quoted in the national press as saying: 'I know that we can raise the financing. Give me six months and I would have the money together to put it into the Tube system. It's entirely feasible.'

Kramer rejects the Government's plans to meet the Underground's need for a cash injection through a partial privatisation.

An Oxford graduate with a background in US banking, Kramer worked in Hungary from 1993-95 developing a waste water recycling project for Future Water International. She started her own consultancy Kramer and Associates in 1997 with her husband John, who is a former chief of Chicago's transport authority.

The Government office for London last week published a consultation document The shape of things to come? on the working structure of the new Greater London Authority. Tel (0171) 654 9407 for a copy.

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