"Paul Corfield" wrote in message
...

I think the fact that the SRA is going and DfT is taking over provides
the context for this. Ken won the election for Labour, he wants more
influence over transport and to make Oyster work for him as part of
making transport in London more effective. Part of the payback is DfT
instructing the TOCs to participate - there appears to be a form of
revenue sharing arrangement which will deal with TOC concerns over
revenue losses as fares will, in part, be cut for a reasonable
proportion of passengers who will be able to take advantage of pre-pay
and capping once the system gets expanded.

How about a revenue sharing arrangement for the reasonable proportion of
customers who will have to pay more for their journeys now?

Dave