- Reference: 2011/4141
- Question by: Richard Tracey
- Meeting date: 14 December 2011
What is your latest analysis of the revenue impact over the course of the next mayoral term of a fares policy that sought to cut fares overall by 5% in the autumn of 2012; freeze the fares at that level in 2013 and from January 2014 restrict increases to inflation? Please provide your analysis based on: a) the November GLA Economics forecast for future RPI b) a uniform decrease of fares across all ticket types Following this, can you provide a reasonably rigorous 'real-world' account of how any ensuing financial gap might be filled from within the capital programme over...