Ken Livingston pulled slightly ahead in the polls for London Mayor last year. This has primarily been due to his promise to cut tube fares by 7% and bus fares by 11%. I can't think where is going to get the money from, as I said here.
Channel 4 News regularly does fact checks on claims by politicians and they've had a crack at Ken's claims. In summary, they don't think he'll be able to finance his fare cuts without cuts in investment. For details see here.
After this news was reported, Ken's supporters were tweeting loudly, so Channel 4 had another go at a claim:
"Fares might be soaring, but the service is plummeting! Delays and line closures have become a daily part of Londoners’ lives."
The details are here, but suffice to say that Boris comes out much better, see the diagram on the right.
Squiffy.
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