No Case for TfL Rises

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A topic from Travel & Holidays: Miscellaneous

laresTue 03/08/10 10:15

"Transport chiefs have not yet justified a potential seven per cent rise in Tube and bus fares next year, a new report from the London Assembly says today.[1]

The Assembly's Budget and Performance Committee says demand for public transport during the economic downturn has been higher than expected and so Transport for London (TfL) has collected more money from fares than it forecast. TfL also recently said that it does not intend to use fares to pay for the reduction in its government grant this year or its takeover of Tube Lines. [2]"

"In January this year, fares rose by an average of 12.7 per cent on buses and by 3.9 per cent on the Tube. [4]

However, a new survey commissioned by the Committee found that people on low incomes and not working have been particularly hit by the much higher rises in 2010. "

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