Railing against the train fare rises
Richard Hebditch, campiagns director of the Campaign for Better Transport on the launch of their Fair Fares Now campaign, which calls for cheaper, simpler and fairer train tickets
David Cameron has given false hope to millions of motorists in today’s Daily Mail by resurrecting the idea of a fuel stabiliser to cut fuel tax when oil prices soar, despite the Office for Budget Responsibility effectively rubbishing the idea back in September.
Their report found that a £10 a barrel higher oil price would boost UK oil and gas revenues by £2.4 billion, but once effects are offset elsewhere on the public finances, it would reduce the benefit to almost zero for a temporary rise in oil prices.
The OBR agreed with the Campaign for Better Transport that a fuel stabiliser doesn’t work; higher prices don’t really mean higher revenue for government so they’d have to find the money from elsewhere, which seems unlikely in the current financial climate.
Whilst no one wants to pay more for something they rely on, fuel prices need to be put into perspective. Since 1997 the overall cost of motoring has fallen 14 per cent below inflation whilst rail fares have risen 13 per cent. So it’s not surprising that many assume the government’s decision to drive rail fares even higher this week - increases of up to 12.8 per cent for some season tickets - is a deliberate effort to price people off the trains and onto the roads.
That isn’t good for motorists, who’ll have more traffic jams to deal with, and it’s certainly not good for rail passengers.
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http://twitter.com/richardhebditch/status/23065204526948353 Richard Hebditch
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http://twitter.com/puffles2010/status/23066088900136961 The Dragon Fairy
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http://twitter.com/walthamfrank/status/23066512373846016 Frank roper
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http://twitter.com/nhsspy/status/23069148099641344 Watching You
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http://twitter.com/rossreidmedia/status/23071262444093440 ross reid
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http://twitter.com/ldtuc/status/23072130564358144 L DTUC
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http://twitter.com/nic_val/status/23073181770190848 nicole val
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http://www.stephenwigmore.blogspot.com Stephen W
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Mr. Sensible
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http://eoin-clarke.blogspot.com/ Éoin Clarke
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http://fiskedbytheprole.wordpress.com/ The prole
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mr. Sensile
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