Fares freeze promise from LT
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LONDON TRANSPORT fares are to be frozen for 12 months following the current round of increases announced LT chairman Mr Kenneth Robinson last week.
In what an LT spokesman described as "a throwaway line" in a reminder about Tube fare increases Mr Robinson announced: "I am glad to say that unless we have to face exceptional circumstances I would not expect the Executive to seek further increases in the next 12 months."
The LT spokesman added: "We have done our budgeting in such a way that we should be able to manage on the current increases—barring excep tional circumstances."
At the same time LT is to introduce new schemes to make off-peak travel more attractive with higher discounts and a 20p maximum fare for elderly and handicapped people and a new fare scale for children with a maximum of 15p.
The LT fare freeze will bring the buses into line with other services including British Rail and the Post Office who have also committed themselves to holding their prices down.
For bus passengers the promise follows hard on the heels of 25 per cent increases in fares which came into effect last month.