HC Deb 26 April 2001 vol 367 c312W
Mr. Jenkin

To ask the Secretary of State for the Environment, Transport and the Regions what(a) increases in fares and (b) increase in passenger ridership on the London Underground are assumed in the financial projections upon which the London Underground PPP is based. [159006]

Mr. Hill

The financial projections London Underground and their advisers have carried out for the PPP assume that:

  1. (a) London Underground fares will do no more than keep pace with inflation once the PPP is in place.
  2. (b) Annual passenger ridership on the London Underground will increase by 20 per cent. over the next 10 years, with the main growth in ridership expected to be off-peak and in the 'shoulders' of the peak. The additional capacity and improved reliability that the PPP will bring should enable this growth in demand to be accommodated safely.

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