Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Thursday, 19 May 2011. It occurred during Ministerial statement on McNulty Report and West Coast Rail.
McNulty Report and West Coast Rail
I thank my hon. Friend for his question. I have to put it to him slightly differently: the savings will be returned to people in the form of lower taxpayer subsidy—which we have to deliver, because my Department, like every other Department, has to make its contribution to dealing with the fiscal mess that we inherited—and in due course, if they are successful, there will be lower pressure for upward real increases in fares. I would like to see a return to a world in which fares rise broadly in line with inflation, and a move away from the era of inflation-busting fare increase that we have faced over the last few years and, unfortunately, will have to face over the next three years.
Secondary information
- Type
- Proceeding contribution
- Reference
- 528 c527
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Cost effectiveness Fares Finance Franchises Railways Network Rail Subsidies Train operating companies West Coast main line Office of Rail Regulation Commuters Rail Value for Money Review
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 16:09:32 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_744460
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_744460
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_744460