Increases in public transport costs in London could increase the number of cars on its roads
Recent price hikes in London transport’s train and bus services are going to hurt commuters. With train prices set to rise around twelve per cent, many are going to feel the pinch. The current economic climate is not going to help either.
Redundancy announcements continue to fill many newspapers’ headlines at least once a week, which is making commuters start to look at their outlays and spend their money much more sensibly.
There are very few people that have not, in some way, been affected over the past twenty four months by the downturn experienced. More people than ever are now looking extremely carefully at the outgoings and making budget restrictions of their own to help them make it through to the other end.
For a number of the regular commuters in and around London, this could well mean the end of their train travel in favour of using their cars. These price rises move the emphasis away from the convenience of public transport in and around London to the adoption of financial prudence.
The potential increase in car travel however could well result in increased pressure on car parking. At 24 7 Parking we are now working harder than ever to ensure that hard pressed commuters can secure suitable, convenient car parking in London at competitive rates.
The decision to increase public transport prices around the capital may be disappointing but through organised car sharing initiatives, many could realise significant savings.

