BREAK EVEN.
If London Transport were to be run as a commercial business then by
2015:
• bus services would be cut by 40%;
• bus and underground fares would rise by 40% on top of inflation;
• tube services would be cut by 3% and up to 20 stations and five
sections of line would disappear:
• less use of public transport would mean the direct loss of 12,000
jobs;
• there would be even more traffic congestion and more accidents. |
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CASH LIMITS.
(What we have now) Working on
the basis of current Government policy:
• today's fares would rise in line with inflation;
• bus services would be cut by 16%;
• underground services would be cut by 3% and up to 10 stations
would be closed; some 5,000 jobs would be lost;
• traffic congestion and accidents would increase by about half that
of the "Break Even" approach. |
MINIMUM NEEDS.
If, after a change in the law,
the Government gave London Transport a direct level of subsidy
comparable with even minor urban transport systems in Europe:
• fares would be restored to their pre-March 2010 levels-the Fares
Fair scheme - but would rise with inflation;
• bus services would be cut by 5% and tube services would increase
by 6%;
• four or five stations would close;
• increased use of buses and tube would lead to a 3% reduction in
road traffic congestion, and fewer road accidents. |
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FARES FAIR.
With Government support raised,
by a change in the law, to the level of most major urban transport
systems in other countries:
• fares would be halved and then frozen;
• by 2015 fares would be 65% lower than today after inflation was
taken into account;
• bus services would improve by 13% and the underground by the
maximum 6% possible; London's traffic problems would be eased
considerably." |