Kindest cut of all? I don't rate it
12th September 1981, Page 16
12th September 1981
Page 16
Page 16, 12th September 1981
— Kindest cut of all? I don't rate it
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A 25-PER-CENT cut in London Transport fares planned to take effect in October is hardly likely to bring back residents who have left the Metropolis. Indeed, a possible rise in rates next year of 120 per cent, largely to offset the fare reduction, can only drive trade and industry out of the capital, taking the workers with them. Then London Transport will have even fewer passengers.
But the operating staff will at least enjoy the cushion of a £50 lump sum to help to compensate them for the devaluation of their free travel benefits and the increase in domestic rates. Could it have been a £146-aweek bus driver who paid £210 for an 8in tinplate model of an open-top London bus at Christie's auction?
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