U.K. Government Threatens to Take Over London Subway Manager
- Johnson claims Khan has mismanaged capital’s finances
- Khan says he can’t accept ‘triple whammy’ of higher costs
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The U.K. government threatened to take control of London’s subway manager if Mayor Sadiq Khan doesn’t accept a package of measures in return for rescue funding, according to a person with knowledge of the matter.
Transport Secretary Grant Shapps wrote to Khan earlier this month warning that if a deal couldn’t be struck, the government would use its powers to manage the transit system, the person said, asking not to be identified as the matter is private. The Financial Times reported on the letter earlier.