HC Deb 11 February 1965 vol 706 c121W
60. Sir S. McAdden

asked the Minister of Transport what representations he has made to the British Transport Commission on the importance of restricting price increases on the fares charged to the travelling public.

Mr. Tom Fraser

When the joint Statement of Intent on Productivity, Prices and Incomes was signed last December, I brought it to the notice of the Chairmen of the nationalised transport undertakings, and emphasised its relevance to all parts of the economy. I also discussed with the British Railways Board the reasons behind their proposals for increased charges from 1st February, which the hon. Member may have particularly in mind. I must emphasise that those increases cover only about one-third of the additional costs facing the Board; two-thirds will be absorbed by increased productivity and efficiency. I am sure that all the undertakings are conscious of the point the hon. Member makes in his Question, and bear it in mind so far as statutory requirements allow.

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