What to do with the trains?
November 23, 2010 4 Comments
Commuters and train users learned the not so great news that rail fares are going to shoot up. So that means a season ticket will got up 5.8%. Not good news. That means that our household could well face two lost of +£465. I wonder if I can put my prices up 5.8% or ask for a 5.8% pay rise. If it goes up by the maximum 10.8% possible that’s two lots of £866 to find. I wonder if I can put my prices up 10.8% or ask for a 10.8% pay rise. Doubtful- but then I don’t operate a monopoly whereby someone has no choice but to use my service.
Conversely the rail companies will point out passenger numbers keep on rising, and that the choice is bigger public subsidies from the taxpayer (from people who may not use the service) or increasing prices for them that use it.
So what’s the solution?