Cost of living: Transport

Business Daily

BBC

News, Business

4.4 • 796 Ratings

🗓️ 23 January 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this first episode of our second series on the cost of living, Business Daily's Leanna Byrne looks into the areas of our lives that are costing us the most.

Today we focus on our public transport systems. Figures from Statista, a market and consumer data platform, puts Auckland, New Zeland as the third most expensive city for public transport, we hear from Jon Reeves who is National Co-Ordinator and Co-Founder of the Public Transport Users Association there.

When the cost of living rises, it rises for everyone. So those working in the transport sector want pay rises to reflect that. Anna Jane Hunter, partner at Winder Phillips Associates, tells Business Daily that there’s a lot of systemic issues in the UK’s transport sector that have only just bubbled to the surface again after two years of us staying at home and not using public transport.

We speak to Gregor Kolbe, who works on transport and consumer politics for the Federation of German Consumer Organisations. Over the summer, Germany encouraged people to use public transport by actually reducing the cost of transport. But prices are back to normal levels now.

Presenter/producer: Leanna Byrne Image: Passengers at Kings Cross Station in London/ Credit: EPA

Transcript

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0:00.0	Love, Janessa, a brand new true crime podcast from the BBC World Service and CBC podcasts, exploring the world of online romance scams.
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0:14.0	Find out more at the end of this podcast.
0:16.5	Remember this?
0:20.0	But in terms of a hair salon, you know, the wattage amount per hair dry, it's quite high.
0:26.0	So we do struggle.
0:27.7	We can't run more than two at a time.
0:30.2	If it creeps up much more than 10%, well, I might start having to think about, you know,
0:34.5	maybe I can to put the prices up again, which you don't want to do
0:37.9	too often. You need to do it on a periodic basis, but you don't want to put them up unnecessarily.
0:43.5	It got so pricey right now. Like, I got more than 30 or 50% of increasing the prices. Some of it
0:53.1	got double price now or more. At the same time, I really need to make a living because I also have bills today.
1:01.0	I demanding more of their pay because they need to also sustain themselves on day-to-day basis because of this rise and the cost of living.
1:12.6	What we're faced with now is really a inconsistency in availability of supply of parts.
1:21.6	And not only do we not have confidence that we can always get the parts we need,
1:26.6	those parts are now
1:27.8	an extremely high cost. Well, that was intense. But this is intense stuff, because if you're a
1:38.6	big business daily listener, you'll remember the Cost of Living series, where we spoke to small
1:43.7	business owners, from bakers to hairdressers,
1:46.7	businesses really all across the world about how they've been coping with price rises.
1:52.0	Well, I'm back again because I only had four episodes.
1:55.9	Blame my editor.
	...

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