Vote Ken for fare cut

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A topic from Local Interest: UK, London

laresMon 26/09/11 17:35

"Labour's London mayoral candidate Ken Livingstone has said he would use a budget surplus of £728m to cut transport fares by 5% if elected. The former mayor said Transport for London (TfL) had an operational surplus which could be redirected to reduce travel costs.

He said he would introduce an emergency fares package which would take effect in the autumn of 2012 - just months after the elections in May. TfL has not commented on his claim.

Mr Livingstone has also pledged no further fare rises in 2013 and said from January 2014, and in subsequent years, there would be no fare rises above the retail price index. He claimed TfL had an operating surplus in the past financial year of £728m, which he would use to reduce fares.

Earlier this month, the mayor, Boris Johnson, announced fares on London's transport network would rise by an average of 7% from January 2012."

http://1sq.me/nbHBaU

Vote 'Fares Fair' - vote Ken.

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