London Underground infrastructure Tube Programme, investigating replacing the trains for the Bakerloo and Piccadilly lines, is looking for trains with better energy conservation and regenerative braking. The Underground serves 270 stations. Fourteen Underground stations are outside Greater London, of which five (Amersham, Chalfont & Latimer, Chesham, and Chorleywood on the Metropolitan line and Epping on the Central line) are beyond the M25 London orbital motorway. The longest distance between two stations is between Chalfont & Latimer and Chesham on the Metropolitan line. The shortest distance between adjacent stations is the between Leicester Square and Covent Garden on the Piccadilly line. The station furthest
London Underground established the Underground Electric Railways Company of London (UERL) in 1902 to finance and operate three tube lines, the Baker Street and Waterloo Railway (Bakerloo), the Charing Cross, Euston and Hampstead Railway (Hampstead) and the Great Northern, Piccadilly and Brompton Railway, (Piccadilly), which all opened between 1906 and 1907. When the "Bakerloo" was so named in July 1906, "The Railway Magazine" called it an undignified "gutter title". By 1907 the District and Metropolitan Railways had electrified the underground sections of their lines. In January 1913, the UERL acquired the Central London Railway and the City & South London Railway, as