We have historically had an increase every 3-4 years to counter the effects of inflation, currently running at around 3% with rumours of it going to 5.1%, and with the last increase being June 2018, that would make Easter 2022 our next target for another inflationary increase.
Here is a Fare Increase Proposal, which represents a 10% increase on a 2 mile journey, and puts us inline with Kerrier Zone. It is unaggressive to the consumer, but considerate to inflationary effects. Please bear in mind though, that the other zones have yet to seek an increase, and a proposal from Truro is imminent, so whilst Restormel Zone would climb in the national fare league table, as others claim their increases, it won’t be long before we level back down again, just like before.
Here is the proposal:
Proposal - April 2022The NTPHA put in an objection to this proposal on 07/12/2021, and an alternative proposal:
An analysis of this is here.
Following further discussions, a compromise Fare Increase was reached and has been forwarded to licensing:
Fare Increase - Final 2
Sign the petition now: (Please sign for each Hackney Plate you own – 2 Plates = 2 Signatures etc.)