Skip to content
Saturday 1 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,868.05
-0.27%
DAX
25,629.24
+0.07%
CAC 40
8,509.64
+0.28%
STOXX 50
6,358.01
+0.21%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 15 October 2009 8:00 pm  |  Updated:  Friday 31 May 2019 7:54 pm

CITY VIEWS: IS BORIS RIGHT TO HIKE THE FARES IN A LOW-INFLATION ECONOMY?

By: admindrupal

Add as a preferred source on Google

STEVE REYNOLDS RSA INSURANCE
“Most people feel that anything that is not in-line with inflation is unjust. In this case, you have got to find another way to resolve the deficit. The fares already seem over-the-top – I’ve just come back from the US and services like transport are far cheaper there.”

RUPERT THOMAS THE SYNERGY GROUP
“It has to be the right thing to do – there’s no other option. I don’t like it, but where else are you going to get the money from? The central government doesn’t have any. This is not completely the government’s fault, although Mayor Ken was somewhat profligate.”

PAUL SUDDABY CAPGEMINI
“I think that our transport services are vastly overpriced – certainly in comparison to Europe. What are you getting for your money? I’m all for Crossrail, but I think Boris needs to be a lot more transparent in terms of where all this money is going.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • NULL

Trending Articles

  • Gino D’Acampo restaurants face HMRC winding-up order

  • PwC thought leadership reports ‘100 per cent AI generated’

  • BP quits North Sea after tax grab

  • Foxtons hits out at Renters’ Rights Act as profit halves

  • Healey announces early Budget

More from City PM

  • I’m 60, please don’t give me a Freedom Pass

    Opinion
    Close-up of a blue Oyster card against a white background, highlighting its role in public transportation payment systems.
  • Flying at Heathrow will cost ‘significantly more’ due to third runway bid

    Transport & Infrastructure
    Heathrow and several European airports are suffering from a cyber attack.
  • Fideres Study Finds TfL Fare Zones Disproportionately Burden Ethnic Minority Commuters

    Business Wire
  • ‘Corbyn was spot on’: The radical MP shaping Burnham’s economic agenda

    Politics
    Miatta Fahnbulleh speaking at a conference podium with a backdrop of international flags and an attentive audience
  • Air fares to soar again if fuel costs stay high, British Airways chief warns

    Business
    British Airways (Photographer: Luke MacGregor/Bloomberg via Getty Images)
  • Councils accused of turning e-bike operators into ‘revenue stream’ as fees surge

    Transport & Infrastructure
    Lime faces growing scrutiny over its safety record.
  • ‘False dawn’: June inflation falls to 2.6 per cent but analysts say rises ahead

    Economics
    Till sales growth slowed to 2.7 per cent in the last four weeks
  • ‘Businesses are not cash machines’ – Badenoch calls on Burnham to rule out tax rises

    Politics
    Conservative Party leader Kemi Badenoch is preferred as Prime Minister to Keir Starmer. Photo: PA
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook