Thread: Rail commuters face 20% rise in ticket prices as cap is axed - Evening Standard
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Old October 18th 10, 11:08 PM posted to uk.transport.london
[email protected] rosenstiel@cix.compulink.co.uk is offline
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Default Rail commuters face 20% rise in ticket prices as cap is axed - Evening Standard
In article , (Roy
Badami) wrote:

In article ,
Clive D. W. Feather wrote:
Um, won't that breach the present franchise agreements?

Presumably the gov't will negotiate (or legislate) a variation in the
franchise agreements that will balance lower subsidies/higher premiums
with an increase in the fares basket cap, such that the overall
package is revenue-neutral on the TOCs.

That could be more expensive than it seems if cap and collar applies to
most of the franchises

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Colin Rosenstiel
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