jimbo wrote:
As the header suggests, the last increase here was in 2008.
A proposed increase is now in the system, and has gone out to proprietor consultation.
Of course, as always, the prophets of doom are out in force, claiming that am increase (of about 5%) will "kill trade"
I was talking to the head prophet yesterday, who told me that he needed two new tyres, but had to get budget tyres because his insurance renewal had just come through, and had gone up by 50% from last year.
Wuckfit.
A simple lesson in economics. When costs rise, and fares do not rise to compensate, failure looms.
We get that all the time round here, one thing that makes me wonder is why do they have to consult the owners of firms? The last increase we had the owners were saying "it's going to kill the trade and push people to PH". My reply was, if people want a Taxi they'll pay for one and if the PH want to run for peanuts let them.
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