Lord Taylor of Holbeach
Main Page: Lord Taylor of Holbeach (Conservative - Life peer)Department Debates - View all Lord Taylor of Holbeach's debates with the Department for Transport
Monday 29th October 2018
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(6 years ago)
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Lord Taylor of Holbeach (Con)
My Lords, we usually try to go around the House, and it is the Liberal Democrats’ turn.
Lord Bradshaw
The Minister said that fares for those from 26 to 30 will be reduced by one-third with the new young people’s railcard. This is an example of the industry at last realising there is such a thing as market pricing and elasticity of demand. Instead of having a tariff which fits everybody, it should fit the market.