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Business of the House

As others have mentioned, the Mayor of London has committed himself to raising fares on the underground by RPI plus 2% to get much-needed investment for the underground. His Labour opponent, however, has committed himself to cutting fares by 5% and not raising them until at least 2014. That would mean London being deprived of £835 million of investment in the tube service that we desperately need. May we therefore have a debate on how we can encourage investment in public transport in London and across the country, so that we can expose the lies of the Labour party?