NEARLY 12,000,000 DAILY
LONDON BUS PASSENGERS RAILWAYS SHOW DEFICIT LONDON, April 21. The London Passenger Transport Board, the worlds laigost passengeicarrying organisation, carried an average 'of 11,700,000 people a day during 16413 This is more than 1,000,600 more than the daily average before the war. The increase is attributed to greater movement of London's population toward the outer fringes of Greater London It is estimated that nearly 600,000 people leave central London for their homes every week-day between 5 p.m. and 6 p.m. , . .. T The net revenue earned by the London Passenger Transport Board and the British railway companies last year fell to £11.250,000 below the annual sum payable by the Government to the companies under the wartime agreem This means that the Government will have to find the deficit, but the Exchequer Is still £198.000.000 in credit from surpluses collected from the companies during the war yeais.
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Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22320, 3 May 1947, Page 5
Word Count
148NEARLY 12,000,000 DAILY Gisborne Herald, Volume LXXIV, Issue 22320, 3 May 1947, Page 5
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