Record surplus at Nottingham
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• An all-time record suplus of £291,198 was achieved by Nottingham Corporation Transport in the year ended March 31 1973. In his annual report, published this week, transport manager Mr John C. Wake predicts that this will be sufficient to ensure a surplus of £82,928 in year ending March 31 next, despite an estimated deficit of £115,290 in the current year.
Mr Wake reports that, despite the reduced mileage of 258,325 as a result of staff shortages, vehicle shortages, industrial disputes and planned reduction, passenger recession fell by half compared with the previous year. A recession of 5.15 per cent in 1971/72 was reduced to 2.68 per cent in 1972/73.
"There is evidence that the steady and continuing decline of road passenger transport is at last being arrested", says Mr Wake. But he goes on to warn: "There
is, however, a clear danger that this happy turn of events is not likely to be maintained if the working of the Governmental freeze makes it impossible for operators to cover the appreciable increased labour costs consequent upon the Clegg award-.
London OAPs get free travel
• Old age pensioners within the Greater London Council area will get free travel from September 23. They will have to pay a fare only during peak hours. The concession will apply on red bus routes within the GLC boundary. Red bus routes outside, and London Country Services inside the area will continue to be charged.
Discussions are to take place before the end of the month with a view to bringing authorities on GLC boundaries into the scheme.