Of course they have. This was the only way to cope with decreasing government grant without stopping the current Tube investment plans. Livingstone consistently raised fares above inflation in a much more benign government grant environment in spite of pledging not to. His pre-election Oyster bus fare cut in 2008 was a just a trick. He would have had to unwind it himself if he had got back in. Thankfully he didn’t but Boris Johnson had to fill the budget hole left for him by “generous” Livingstone.
2 replies on “New Year, Same Old Ken”
So fares have not gone up under Boris above inflation???????????
LikeLike
George,
Of course they have. This was the only way to cope with decreasing government grant without stopping the current Tube investment plans. Livingstone consistently raised fares above inflation in a much more benign government grant environment in spite of pledging not to. His pre-election Oyster bus fare cut in 2008 was a just a trick. He would have had to unwind it himself if he had got back in. Thankfully he didn’t but Boris Johnson had to fill the budget hole left for him by “generous” Livingstone.
LikeLike