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LT fare
6th December 1974, Page 30
6th December 1974
Page 30
Page 30, 6th December 1974
— LT fare
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increases approved
A PROPOSAL by the ruling Labour Party of GLC for a 36 per cent increase in London Transport fares from April 1975, which will provide an extra £36 million a year, (CM Nov. 8) has been approved by 54 votes to 33.
At present levels fares were estimated to yield only £156m. If no allowance were made for increased fares, the estimated deficit for 1975 would be £125 million.
The alternative to higher fares would be a substantial cut in services, which the council totally opposed.