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IF to get more cash
Page 22
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• London Regional Transport's levy will be increased by nearly 50% in 1989-1990, making it the biggest ever payment by the capital's local authorities to LRT.
It will also be the last payment because it would violate the principle of a uniform national non-domestic rate when the poll tax is brought in.
Speaking in the House of Commons, transport Minister Michael Portillo said the in crease had been dictated by the 2441 million investment planned by LRT, especially on the Underground in the wake of the Fennel Report on the Kings Cross fire.
Labour transport spokeswoman Joan Ruddock said: "After years of striving to reduce public subsidy of London's transport system, the Minister has at last had to accept reality. LRT cannot be run as a profit-making machine."