Stagecoach announces a shift in UK driving trend
Bus and rail operator Stagecoach has announced a significant switch in driving trends in the UK with more and more people choosing to leave their cars at home and use public transport. While part of the reason seems to be the increased efficiency of such services there is no doubt that the main reason is the ever increasing cost of running a motor vehicle in the UK. Not only have insurance costs risen over the last decade but the recent spike in the price of petrol seems to have spooked many people.
This change in trend is very important because initially companies took such as Stagecoach had to use their own funds to invest in their systems in the hope that passenger numbers would increase, although this was without any real certainty that it would happen. Now that increased income is coming to light this will give public transport companies throughout the UK significant new funding to further improve and increase the efficiency of current services.
Many experts now believe that this is the vital crossover point at which it now becomes possible to depend upon public transport services in many parts of the country although there is still some work to be done in some areas of the UK.
Share this..
Related stories
Can the Conservatives win the next election?
As more and more people turn against Gordon Brown's Labour government the focus is starting to turn towards David Cameron's Conservative party and their potential for making the next government. One factor which has been thrown towards the Conservative party for some time now is a lack of detail to go with regard to their economic policy, should they finally make office.
David Camer...
Study the stock market for signs of recovery in the economy
As more and more reports indicate ongoing improvements in the UK economy many experts believe there is no better indication than the UK stock market. Historically, stock markets around the world are estimated to forecast economic activity up to 9 months in advance which offers a perfect measurement of hopes and thoughts for the future. It would be wrong to say this particular method is infallible...
Read MoreHMRC admits problems with some tax codes
After the Chartered Institute of Taxation warned of problems with some personal tax codes recently issued to the UK public HM Revenue and Customs (HMRC) has today issued its own statement. The Revenue has admitted that a number of incorrect tax code correspondence has in fact been sent out which was in the main due to the transition of data to a new computer system. It would appear that a numbe...
Read MoreGordon Brown supports the continuation of the FSA
At a time when the FSA is under extreme pressure regarding its lack of regulatory prowess in the UK markets, Gordon Brown has come to its defence by suggesting that the FSA needs strengthening not abolishing. This is most definitely a very different view to that aired by many in the financial markets in the UK who believe that the FSA, after various expensive re-organisations over the years, is a...
Read MoreMore than 1 in 3 say they will struggle when they retire
How well do you think you are prepared for retirement in terms of your finances?
I am on track to maintain the standard of living I desire through my pension – 16.7% I think I’m going to struggle financially when I retire – 37.5% I don’t have a pension, but I need to start saving – 12.5% I have not thought about saving for retirement – 33.3%
In our lates...
Read More