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Costs up £4m

21st February 1975, Page 24
21st February 1975
Page 24
Page 24, 21st February 1975 — Costs up £4m
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Which of the following most accurately describes the problem?

WITHOUT a revision in bus fares, Crosville Motor Services Ltd, of Wrexham, would have been faced with a deficit of around £2m by the end of this year, the North Western Traffic Commissioners were told last week; Crosville was successfully applying to increase its bus fares from March 8, Eight local authorities objected.

The Commissioners heard that since August last year overheads had risen by nearly £4m; mainly through increased wages and general inflation.

On granting the increases — of between 1 p and 8p — the chairman, Mr C. R. Hodgson, said that the Commissioners felt that the application was not unreasonable.