§ Ms Glenda JacksonTo ask the Secretary of State for Transport (1) what percentage of(a) London underground fares and (b) London bus fares will be capped as a result of his consultation on transport in London; [28417]
196W(2) what estimate he has made of the loss of revenue to London Transport resulting from the proposed capping of fares in transport in London; [28416]
(3) what are the implications of his consultation on transport in London for the price of London Transport travel cards; [28415]
(4) what additional funding he plans to provide for London Transport following his decision to cap transport fares in London. [28418]
§ Mr. NorrisThe London travelcard, excluding one-day tickets, is included in the range of fares subject to the franchising director's policy on passenger rail fares. There is no capping regime for other London Transport fares. However, as its document "A Transport Strategy for London" indicates, the Government believe that in future LT fares are likely to rise more in line with inflation than with earnings, implying average fares increases lower than in recent years. LT's revenue forecasts will continue to be taken into account in considering LT's funding requirements.