Tranport price rises will hit Vauxhall residents hard
Conservative Mayor Boris Johnston has announced a massive hike in bus and tube fares, in combination with cuts in bus schedules and off-peak tube services. Overall, bus fares will rise by a staggering 12.7 per cent and Tube fares by 3.9 per cent, at a time when the CPI inflation is currently at 1.1 per cent; the increases include:
The increases will hit the pockets of Vauxhall residents hard, at a time when an economic survey conducted by Vauxhall Liberal Democrats shows that 2/3 of Vauxhall residents surveyed already felt worse off when compared to last year. Vauxhall Lib Dem Parliamentary Campaigner Caroline Pidgeon said:
"For the second year in a row the Mayor is punishing Londoners with an inflation busting increase in fares. Incredibly even a short bus journey involving just one change will set people back £2.40.
"Boris Johnson boasts about freezing his share of the council tax bill, but his continual hiking up of fares means he is taking significantly more from the wallets and purses of hard up Londoners."
"This is a Mayor who gives with one hand and takes not once, but twice with the other hand."
Liberal Democrats have already proposed a package of measures that would help to hold down fares, including:
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