Transport?
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damaged. Hence, the anticipated yield from the new fare increases was less than had been estimated and higher wages and other costs brought about a serious reduction in profit. Sir John says the efficiency of the Jamaica company compares favourably with any omnibus undertaking in Great Britain. "With a responsible attitude on the part of the Government and other authorities—involving (among other things) a realistic approach to the question of fares and, in particular, to the continued employment of key expatriate staff —the ability of the company to continue to provide an efficient and viable system of public transport will be assured."
BET's associated company, United Transport Overseas—controlled by United Transport Company, Chepstow—achieved new records in 1968 with an 18 per cent increase in turnover and a net profit of £2-1-m. The plant hire companies, Grayson Ltd. and Edison Plant Ltd., earned profits respectively of £542,000 and £216,000, before tax.