§ Mr. OttawayTo ask the Secretary of State for the Environment, Transport and the Regions if he will estimate the percentage increase in revenue occurring to London Underground arising from the installation of automatic ticket barriers at stations operated by passenger train operating companies. [68518]
§ Ms Glenda JacksonAs part of London Transport's Prestige PFI project, automatic ticket barriers are being installed at the vast majority of London Underground Stations. These include stations managed by London Underground that are shared with Train Operating Companies (TOCs). LT expects that this will lead to a reduction in ticketless travel and an increase in revenue. LT is discussing with Train Operating Companies (TOCs) extending gating to join stations that are managed by TOCs.
Taking a scenario in which none of the joint stations managed by TOCs on the Underground has automatic ticket barriers and comparing that with a scenario in which all of these stations had ticket barriers installed, LT estimate that the additional revenue to London Underground would be about 0.08 per cent. of total revenue or about £750,000 in one year. The calculation is based on current revenue and fares levels. There would also be revenue benefits to the TOCs, but no estimates are available.