Rail fares have risen again above inflation, sparking protests nationwide. The government claims it's a 'complicated issue'
Really, it's not. It's a simple matter of maximising revenue. If you can fill a train with people paying £120, why would you fill it with people paying £110? Arguably, it would be better to allow the companies to remove the cap and just find the right price they want to charge.
The same with buses. Around here the buses run empty because they charge £2 to travel 5 miles or half a mile. I'm sure they'd make more money if they charged, say, 25 pence per half mile.
ReplyDeleteMind you, it's the same with the post. 50p for a second class stamp? I used to buy loads of stamps and now I don't buy any. So how do they make more money from that? Baffles me...