HC Deb 02 December 2002 vol 395 cc498-9W
Richard Ottaway

To ask the Secretary of State for Transport pursuant to his Answer of 25 November,Official Report, column 70W, what assessment he has made of the sufficiency of the long-term grant together with fare revenues to fund the proposed public private partnership. [84408]

Mr. Jamieson

The Government's long-term grant offer will ensure that the Tube modernisation plans are properly funded. London Underground fares are a matter for the Mayor. The grant offer, however, takes into consideration London Transport's planning assumption that fares would rise in line with inflation each year.

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