Monday, 16 June 2008

Bus Fares Up

I see bus fares have gone up (by around 5%) - for the second time since Christmas. That makes around a 25-30% increase in the last two and a half years.
Public transport seems to be more about 'conspicuous consumption' than 'social inclusion'.
Let's just see how much of a protest we get - compared with the screams we get from car-drivers when petrol prices go up.
LGA research shows that bus subsides in England amount to about £2.5 billion pa and that the bus operators are making super-profits out of subsidies and concessionary fares, with a bigger return on capital investment than in any other sector (including water, electricity and gas). See current
DfT consultation

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