London Underground

Transport, Local Government and the Regions written question – answered on 7th November 2001.

Alert me about debates like this

Photo of Harry Cohen Harry Cohen Labour, Leyton and Wanstead

To ask the Secretary of State for Transport, Local Government and the Regions what assessment he has made of the impact on London Underground fares of financing the tube improvements planned for the next 15 years by (a) PPP and (b) direct Government borrowing.

Photo of Mr David Jamieson Mr David Jamieson Parliamentary Under-Secretary, Department for Transport, Local Government and the Regions

Fares for the London Underground are a matter for the Mayor. The value for money evaluation that London Underground is carrying out on PPP bids assumes that fares will do no more than keep pace with inflation whether tube improvements are financed under the PPPs or by direct Government borrowing.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.