Retailers benefit the most from concessionary fares

Ray Wilkes - Shipley, BD18
01 July 2011
 

Roger Sexton is completely wrong in claiming that free travel for seniors is a massive subsidy to the bus industry.

Before I was 60, if I went to nearby Keighley I would buy a £3.30 K-Day ticket. Now I keep the money, which eventually ends up in the retail sector. The bus company now gets about £1.50 for the return trip in the form of reimbursement paid by the Integrated Transport Authority. If I spend the £3.30 at Marks & Spencer’s the Government gets back 66p in...

+64% more

 

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