Written question asked by Bernard Jenkin (Conservative) on Monday, 23 April 2001, in the House of Commons. It was due for an answer on Thursday, 26 April 2001. It was answered by Keith Hill (Labour) on Thursday, 26 April 2001 on behalf of the Department of the Environment, Transport and the Regions.

Dept of the Environment Transport and the Regions

Question: 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. - Includes financial projections figures.

Answer: 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: (a) London Underground fares will do no more than keep pace with inflation once the PPP is in place. (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.

Secondary information

Type: Written question
Reference: 159006; 367 c312W
Session: 2000-01
Subjects: Fares Increases Passengers London Underground Public private partnerships Underground railways
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk