Bus companies plan to keep up with inflation
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BOTH Crosville Motor Services Ltd, of Wrexham, and Ribble Motor Services Ltd, of Preston, have had applications approved which are aimed at speeding up bus fare increase appl ications in order to keep in step with today's rate of inflation.
At the Crosville hearing the Commissioners heard that delays in fares increase hearings could cost up to £60,000 a week in lost revenue.
Under the new system Crosville will still have to make official application for fares increases but some of the red tape, which can cause several month' s delay, has been cut so that the application can be heard much sooner. In the case of Ribble the Commissioners were told that there was often a 10week delay before fare
increase applications could be heard.
The Commissioners gave the company permission to implement an automatic system of fares increases. This would mean that when new cost levels were reached fares would be automatically increased as long as there were no objections.