UK - Stagecoach to hand £340m to shareholders

"just days after rail passengers learned they face record fare increases of up to 13%"

http://www.guardian.co.uk/business/2011/aug/19/stagecoach-hands-shareholders-payout

"just days after rail passengers learned they face record fare increases of up to 13%"

http://www.guardian.co.uk/business/2011/aug/19/stagecoach-hands-shareholders-payout

Not to mention cancelling discount fares for old age pensioners.
More riots

Another reason why the railways should be nationalised.

What made me LOL when they were announcing the fare increases was one of the companies (or whatever) said that these fare increases in London wouldn't be a burden because affluent people commute.  WTF?  Really?  We aren't exactly affluent, and we're being priced out of the capital.  My husband could take a bus into his job, but it would take hours to go a couple of boroughs.  There is no tube service in our area (plus the tube isn't exactly cheap either).  He has to take the train in.  We're talking about moving outside the city entirely to save money, and we aren't alone.  It's becoming more and more the trend, and the idea that the less affluent live in the centres with the rich living in well heeled suburbs is a notion of a bygone era.

What made me LOL when they were announcing the fare increases was one of the companies (or whatever) said that these fare increases in London wouldn't be a burden because affluent people commute.  WTF?  Really?  We aren't exactly affluent, and we're being priced out of the capital.  My husband could take a bus into his job, but it would take hours to go a couple of boroughs.  There is no tube service in our area (plus the tube isn't exactly cheap either).  He has to take the train in.  We're talking about moving outside the city entirely to save money, and we aren't alone.  It's becoming more and more the trend, and the idea that the less affluent live in the centres with the rich living in well heeled suburbs is a notion of a bygone era.

A lot of jobs in London could be relocated so I would like to see heavy property taxes on businesses who are in London and then use the tax money to pay for the employees fares. Fat chance.

A lot of jobs in London could be relocated so I would like to see heavy property taxes on businesses who are in London and then use the tax money to pay for the employees fares. Fat chance.

I doubt they could up and move the entire uni where my husband works.

A lot of jobs in London could be relocated so I would like to see heavy property taxes on businesses who are in London and then use the tax money to pay for the employees fares. Fat chance.

I worked in London 25 years ago and argued then that there was no need for the data centre of the company to be based in London, even less of a need these days for head offices to be based in the capital.

Now they can all be based in Cambridge where all the people who want to stay after going to Uni can drive down the wages.