[1] In 1976 he joined General Electric Company, rising up to become the deputy managing director, a position he remained in for twelve years.

[3] He was replaced by Bob Kiley in 2001 who was appointed by Tony Blair to oversee the implementation of the PPP,[4] however following Kiley's firing amid repeated clashes with the Transport Secretary Stephen Byers regarding the PPP arrangement, he was reappointed as chairman, a position he served in until 2003.

[8] Metronet later collapsed in 2008, costing the UK Government £2 billion, and Tube Lines was bought out in 2010.

[9][10] The National Audit Office found that "there was limited assurance that the price of the three Tube PPPs was reasonable",[11] and following the collapse of Metronet the arrangement was heavily criticised in the press.

[12] In 2010, the Transport Select Committee found that the PPP was "flawed" and failed to provide "value for money".