Martin Horwood
Main Page: Martin Horwood (Liberal Democrat - Cheltenham)Department Debates - View all Martin Horwood's debates with the Department for Transport
(14 years ago)
Commons ChamberI am afraid that the hon. Lady’s question contains a number of hypothetical assumptions that are not borne out by reality. It is not my hope, but the hope and the view expressed to me by the Confederation of Passenger Transport UK, which represents the main five bus operators, so I do not think that the terrible scenario she paints will come to fruition. People might also want to use the Tyne and Wear metro, in which the Government are investing £500 million over the next 11 years.
Although we are expecting rail fares to rise only by 10% over four years in real terms, will Ministers look into changing the basis for the cap calculation from the retail prices index to the consumer prices index—because, after all, what is fair for pensioners ought to be fair enough for profit-making rail companies?
The decision on rail fares has been difficult, but we have had to make it as part of the tough decisions needed to tackle the deficit. Of course we will keep under review the way that the system works, and I am happy to meet the hon. Gentleman to discuss the issue.