HULL FARES RISE BID REJECTED

16th September 1966, Page 89

16th September 1966

Page 89

Page 89, 16th September 1966 — HULL FARES RISE BID REJECTED

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Keywords : Marine Engineering, Submarine Hull, Submarines, Business / Finance

YORKSHIRE Traffic Commissioners last

week turned down an application for authority to make stiff increases in Hull Corporation bus fares and also refused an alternative application for a "frozen increase" to come into effect in December.

Mr. H. E. Robson, the chairman, said the Commissioners considered that an increase in fares would clearly have been justified before the Government standstill on prices and incomes. But now increases could only be granted in exceptional circumstances.

Mr. W. K. Haigh, general manager of Hull transport department, said the Corporation was reluctant to make the application at the present time but was losing £4,000 a week. The trend of the past few years was a continuing fall in passengers. In 1965-66 a loss of £98,340 was incurred which together with previous deposits totalling £61,211 was being transferred to the rate fund. This year it was expected there would be an increase in spending of more than £100,000. If there were no increase in revenue, a loss of more than £200,000 would result.

HULL FARES RISE BID REJECTED

Page 89

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