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NOTTINGHAM FARES INCREASE?

7th October 1949, Page 41
7th October 1949
Page 41
Page 41, 7th October 1949 — NOTTINGHAM FARES INCREASE?
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Which of the following most accurately describes the problem?

PA.A RECOMMENDATION that the present id. children's fare.be raised to Id. is contained in a report of Nottingham Transport Committeeto be presented to the city council. If this increase takes effect, an additional annual revenue of £26,000 is expected.

In the past financial year the transport undertaking suffered the first loss in its history, a net deficit of £82,302. Ald. G. W. Plackett, chairman of the transport committee, has forecast another loss on this year's operations.

Delivery of a number of new vehicles is partly responsible for the proposed increase, as loan charges have to be met.