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Up against time

Metronet, with its five shareholders Atkins, Balfour Beatty, Bombardier, EDF Energy, RWE Thames Water, has some serious work on. Over the 30 years of its PPP deal it will invest £17bn in the Tube, £9bn in new capital spending. In the first seven years it is committed to spending £7bn, £1.3bn on station modernisation and refurbishment alone.

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