SMK 679F NO TRANSPORT system in any country in the world is run wi subsidies. Public transport is lit the arteries of any modern city. don Transport has passed on th ing cost of transport to passenge raising fares and by trying to raise ductivity.
All this has done is to create a vicious as fares have risen the number of pass has dropped. And so it goes on. Since 19: tral government has been steadily withd revenue support from passenger tra authorities and has redistributed what re in favour of rural areas.
London has a higher level of fare. most cities in the world, after local wage are taken into account. Subsidies to transport in other cities are much higher t London.
New York has a 72 percent subsidy pared to London's 46 per cent with the ' scheme. After the Law Lords' ru could fall as low as 12 per cent.
The degree of subsidy is a political sovertments make. Tories' Transport Act allows for private intere compete with public transport bus ser While the Tories are so opposed to subsi existing public transport they prepared to offer financial assistance 10 p STINES The Fares Fair' scheme was a step i right direction for public transpori. But the Labour GLC would be the first to adr it did not go far enough. Nor is it suffici call on the next Labour government to ci After all, the last Labour governmen.