Peter Ford (transport administrator) explained
Peter John Ford, CBE (born 21 November 1938) was Executive Chairman of P&O European Ferries and North Sea Ferries in the 1970 and 1980s,[1] and Chairman of London Regional Transport from 1994 until 1998.[2]
History
Townsend Thoresen and P&O
Ford was Chairman of Townsend Thoresen at the time of the MS Herald of Free Enterprise disaster in 1987.[3] Following the disaster, Ford was criticised for underestimating the number of people killed in the disaster.[4]
London Transport
Ford was appointed as Chairman of London Regional Transport (LT) in September 1994, replacing Sir Wilfrid Newton.[5] During Ford's tenure, the number of passengers on London Underground and London Buses continued to rise[6] - however cuts by the Treasury of £375m and cost overruns of £500m on the Jubilee Line Extension project increased the maintenance backlog on the Underground and worsened LT's financial position.[7]
In April 1998, amid furore over the potential imposition of Public private partnership (PPP) on London Underground, Ford was removed as Chairman of LT by then Deputy Prime Minister John Prescott due to his opposition to PPP.[8] [9] Following this, Ford was highly critical of the government’s plan during a select committee, stating that "It’s going to be very difficult to make it work, and I think there is a very big element of uncertainty about the whole thing".[10] Ford was replaced as Chairman by Sir Malcolm Bates - one of the architects behind the PPP.[11]
Ford received a golden handshake of £350,000 - the balance of his contract. He was made a CBE in June 1998.[12]
See also
References
- Book: Taylor, Lynda King.. Corporate excellence in the year 2000 : a framework for success. 29 February 2012. 978-1-4481-3575-2. London. 1004976204.
- Web site: Ford, Peter John, (born 21 Nov. 1938), Chairman, London Transport, 1994–98. 2020-06-07. WHO'S WHO & WHO WAS WHO. 2007. en. 10.1093/ww/9780199540884.013.U16096. 978-0-19-954088-4 .
- News: Markham. James M.. Times. Special To the New York. 1987-03-08. AS FERRY SURVIVORS WEEP, 408 ARE SAFE IN BELGIUM; 51 Dead and 84 Missing. en-US. The New York Times. 2020-06-07. 0362-4331.
- Web site: 2012-03-04. The day death swept in through Herald's open doors. https://ghostarchive.org/archive/20220526/http://www.independent.co.uk/news/uk/home-news/the-day-death-swept-in-through-heralds-open-doors-7534768.html . 26 May 2022 . subscription . live. 2020-06-07. The Independent. en.
- Web site: London Regional Transport Bill (Hansard, 13 March 1996). 2020-06-07. api.parliament.uk.
- Web site: Prescott. John. 22 April 1998. London Underground - Hansard. 2020-06-07. hansard.parliament.uk.
- Web site: 1997-02-20. Cash-cuts threat to Tube services under threat. https://ghostarchive.org/archive/20220526/http://www.independent.co.uk/news/cash-cuts-threat-to-tube-services-under-threat-1279560.html . 26 May 2022 . subscription . live. 2020-06-07. The Independent. en.
- Book: Seldon, Anthony. Blair's Britain, 1997–2007. Cambridge University Press. 2007. 978-1139468985. 253.
- Oliver. Antony. 1998-04-23. Capital risk. 2020-06-07. New Civil Engineer. en.
- Web site: 1 June 1998. Underground split could cost £1bn. 7 June 2020. Railway Gazette.
- Book: Wolmar, Christian.. Down the tube : the battle for London's underground. 2002. Aurum. 1-85410-872-7. London. 50402287.
- Web site: 1998-06-13. Queen's Birthday honours 1998. https://ghostarchive.org/archive/20220526/http://www.independent.co.uk/arts-entertainment/queens-birthday-honours-1998-1164586.html . 26 May 2022 . subscription . live. 2020-06-07. The Independent. en.