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New year transport fares revealed

London's bus and Tube fares for 2010 will be announced by mayor Boris Johnson later. There are fears the new fares will be used to offset a funding gap of millions of pounds.

Huge bus and Tube fare rises plus £10 C-charge

Boris Johnson today imposed huge rises in bus and Tube fares and a 25 per cent increase to the congestion charge.

These fare rises are hard, but I have no choice

Public transport is critical to the health and success of London. And this is a critical moment for the health of public transport.

Thursday, 15 October 2009

BBC News

  • Bus chiefs 'stung by City trader' Scottish transport tycoons Brian Souter and Ann Gloag are alleged to have been stung by a prominent City financier who has apparently disappeared.
  • Crossrail extension safeguarded The government has paved the way for a possible extension of a £16bn rail project into Kent, saying it will be protected from future development.
  • Trains 'could slow' for crossings Train drivers are being advised by their union to reduce speeds at railway level crossings following the deaths of three people at a site in Caithness.
  • Rail route 'value' query for MSPs A councillor has written to all of Scotland's 129 MSPs urging them to reconsider plans to reopen a railway line to the Scottish Borders.
  • Bridge tolls 'set for 18 months' Humber Bridge tolls could be frozen for at least the next 18 months after a meeting between the bridge board and transport minister Sadiq Khan.
  • Bypass linking two counties opens A new road which it is hoped will improve links between Ceredigion and Carmarthen is due to open to traffic.
  • Extra carriages on packed trains Transport bosses have promised extra train carriages on a commuter line into Manchester after complaints of overcrowding.
  • New road licensing plans gear up A new licensing system for the commercial road transport industry is to be introduced in Northern Ireland, the environment minister has announced.
  • New year transport fares revealed London's bus and Tube fares for 2010 will be announced by mayor Boris Johnson later. There are fears the new fares will be used to offset a funding gap of millions of pounds.

Financial Times

  • Cash 'infusion' plan for Air IndiaIndia's government is considering a Rs50bn injection of equity in tranches into loss-making Air India but government support would be conditional on cost-cutting measures as well as steps to boost revenues
  • Fredriksen to join container shipping ventureShipping entrepreneur John Fredriksen is set to invest in container shipping's equivalent of low-cost airlines
  • Air Partner suffers sudden descentThe leading listed air charter broker is predicting more collapses in the industry after its full-year profits tumbled 90% to £900,000 in the year to the end of July

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Belfast Telegraph

  • Innovative car port that can charge electric carsIt IS the car port of the future and it can be seen outside the Hilton Hotel in Belfast this week.Related StoriesInvestment bank Goldman Sachs to reveal huge profitInsurer to lay off 22 staffDeveloping Maze site could give work to thousandsBanks agree to stick to pay and bonuses rulesRecession continues to take its toll on jobs

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Railnews

  • News: Greater Manchester PTE to cut crowding by funding ’Oldham 5’ Greater Manchester Passenger Transport Executive is to pay for the restoration of five diesel units which were withdrawn earlier this month when the Oldham loop line was closed for conversion to Metrolink trams. The Chair of GM Integrated Transport Authority Keith Whitmore made the surprise announcement at a Parliamentary event attended by the Transport Secretary Lord Adonis. Cllr Whitmore revealed that he had given instructions to pay for the units, because overcrowding had become ’ridiculous’ at some suburban stations over the past week.

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