canary wharf tube

WEEKEND closures on the Jubilee Line have cost Transport for London up to £12 million in lost ticket revenue, it has been revealed.

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Work has been going on regularly at weekends for more than three years as engineers try to implement a new signal system.

But private operator Tube Line spectacularly failed to meet last December’s deadline to finish the work and the company was bought by TfL in June.

But London Mayor Boris Johnson admits the closures have been costly for the capital and are likely to run well into 2011.

“In addition to the misery faced by passengers that simply wish to travel around London the fiasco of never-ending weekend closures has hit many businesses for six,” said Caroline Pidgeon, leader of the Liberal Democrat London Assembly Group.

“From restaurants and West End theatres to the O2 Centre the amount of lost weekend trade has been immense.

“It now only adds insult to injury to discover that in addition to the cost already paid by passengers and businesses there has also been such a serious loss in revenue for TfL.”

The Mayor’s office was responding to a written set of questions from Caroline Pidgeon into the cost of the upgrade and the estimated finishing time.

Boris Johnson confirmed an early look at the state of the Jubilee Line “confirmed TfL’s worst fears” and said there was still much to do, particularly on the northern section.

Testing is being carried out to see how long this work will take and an announcement of a completion date will be made soon.