Metronet facts for kids

Metronet's logo

Metronet Rail was a company that worked closely with the London Underground. It was like a special team that helped keep parts of London's famous subway system running smoothly. Metronet was in charge of looking after and improving many parts of the Tube.

What Was Metronet Rail?

Metronet Rail was set up in 2003. It was a partnership, which means different companies worked together. Their main job was to take care of nine of the London Underground lines. This included a lot of important work to keep the trains moving safely.

What Did Metronet Do?

Metronet's team had many responsibilities. They maintained the tracks that the trains run on. They also looked after the signals, which are like traffic lights for trains. Their work included keeping the stations in good shape for passengers. They also helped with the trains themselves and other important structures.

Why Did Metronet Have Problems?

In 2007, Metronet ran into some big problems. The company faced financial difficulties and could no longer pay its bills. This meant they went into a special process called "administration." During this time, experts tried to sort out their money issues.

What Happened Next?

Because Metronet was so important for London's transport, the government stepped in to help. They provided money to keep the company going. This is often called a "bailout." In 2008, Metronet Rail became part of Transport for London. This meant it was owned by the public again, not private companies. The company officially closed in 2009.