No Price Inflation in Socialist Environs?
Submitted by Don Lloyd on Mon, 2005-07-04 05:41
London Mayor Increases Traffic Toll, Angers Drivers, Retailers
July 4 (Bloomberg) -- An increase in London Mayor Ken Livingstone's charge on motorists goes into effect today, angering not only drivers. Retailers say the 60 percent rise to 8 pounds ($14.52) will deter customers from traveling to the city.
The increased fee may add 45 million pounds to annual revenue for public transportation improvements, Livingstone said April 1. The mayor also plans to extend the area where motorists must pay westward, taking in Kensington and Chelsea, whose residents include celebrities such as Liz Hurley...
April Fool Indeed!
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written by Lawrence H. White at Division of labour