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Rail commuters face 20% rise in ticket prices as cap is axed - Evening Standard
In article ,
Recliner wrote: "Roy Badami" wrote in message Why would this be necessary? By allowing higher fare increases, the government would have to provide less subsidy under cap and collar arrangements. As many TOCs are currently getting collar support, this would automatically fall if TOC revenues rise by more than the rate of inflation. If you do it that way the TOCs get to keep a proportion of the fare rise. Also, it's likely to push them out of collar support, which increases their commercial risk, as Colin points out. -roy |
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