London - Looks Like Fares Going Up
"Paul Corfield" wrote:
While I understand the desire to make a political point on this issue I
really think they are all being
disingenuous by hinting that if they were in power that "of course"
fares would reduce by dint of the inflation figures earlier this year.
I suspect that faced with the reality of the TfL budget and forecasts
they might well decide differently.
Indeed.
As we are about to enter a period of high inflation, the idea of making
pricing policy on a 'rear view mirror' basis, against historic inflation
rates, is foolish in the extreme, and would be so whoever was running
London.
Chris
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