ULSTER INQUIRY OPENS
5th October 1951, Page 31
5th October 1951
Page 31
Page 31, 5th October 1951
— ULSTER INQUIRY OPENS
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THE Northern Ireland Transport Tribunal, last Friday, opened its inquiry into the affairs of the Ulster• Transport Authority. Mr. C. A. Nicholson, K.C., said that with taxation at its present level, it was impossible to work under the Transport Act, 1948. Freight charges were to be increased.
The U.T.A. lost £400,000 in the 12 months ended September 30, and has an accumulated deficit of £950,000.