The average cost per tax payer to provide free public transport for all £1,000
(& there's a similar number of cars as tax payers)
The average cost per tax payer to provide free public transport for all £1,000
(& there's a similar number of cars as tax payers)
maybe there needs to be a change in perception that some taxes are paying for services (just on an ability to pay basis)
maybe there needs to be a change in perception that some taxes are paying for services (just on an ability to pay basis)
the average cost of car ownership £3,600
in theory we could have free public transport for less per person than nearly everyone pays to own a car
the average cost of car ownership £3,600
in theory we could have free public transport for less per person than nearly everyone pays to own a car
www.ons.gov.uk/peoplepopula...
www.ons.gov.uk/peoplepopula...
Of course the other thing to note is this is infrastructure spending, so doesn't include other transport spending (like support for railways)
Although, I do agree that there's should be more spending across the UK
Of course the other thing to note is this is infrastructure spending, so doesn't include other transport spending (like support for railways)
Although, I do agree that there's should be more spending across the UK
Predicted >65 population growth for the same time period 4.7 million
Ratios between working age & >65 are falling (2008 it was 3.2 to 1, by 2050 it's due to be 2.0 to 1)
Without immigration it'll be worse
Predicted >65 population growth for the same time period 4.7 million
Ratios between working age & >65 are falling (2008 it was 3.2 to 1, by 2050 it's due to be 2.0 to 1)
Without immigration it'll be worse
That same home would be worth £165,000 (using national home price inflation) so to pay the same value of interest the rate would be 3.9% (there are currently no interest rates available at less than 4%)
That same home would be worth £165,000 (using national home price inflation) so to pay the same value of interest the rate would be 3.9% (there are currently no interest rates available at less than 4%)
2% interest on a £540,000 home is also £10,800
Just because the interest rate is higher doesn't mean that you are necessary paying more if the overall value has increased
2% interest on a £540,000 home is also £10,800
Just because the interest rate is higher doesn't mean that you are necessary paying more if the overall value has increased
It's why comparing the percentage when the value has changed is problematic
It's why comparing the percentage when the value has changed is problematic
However, don't let people confuse this with traffic levels being worse than without the charges as there would have been traffic growth anyway
However, don't let people confuse this with traffic levels being worse than without the charges as there would have been traffic growth anyway
Without any immigration the fall in the ratio between working aged and over 65's would be far faster
Without any immigration the fall in the ratio between working aged and over 65's would be far faster
HS2 was based on the assumption of 2.5% growth year on year, but due to growth in the early years of over 4% by 2019 instead of having 131 passengers for every 100 in 2009 there were 171, the expected numbers for 2033
HS2 was based on the assumption of 2.5% growth year on year, but due to growth in the early years of over 4% by 2019 instead of having 131 passengers for every 100 in 2009 there were 171, the expected numbers for 2033
As such, whilst migration is a factor in needing more homes it's not even the largest factor
As such, whilst migration is a factor in needing more homes it's not even the largest factor
Well, as people age, they live in smaller household sizes, between 1970 and 2020 the average household size shrunk by enough that even with a static population there would have been a need for 8 million more homes
Well, as people age, they live in smaller household sizes, between 1970 and 2020 the average household size shrunk by enough that even with a static population there would have been a need for 8 million more homes
content.tfl.gov.uk/the-planning...
content.tfl.gov.uk/the-planning...