 
				
			Julian Peddle points out that higher subsidies have played an important role in the high levels of ridership on London buses and that deregulation “has nothing to do with the outcome” (Letters LTT 14 Jun). He is correct that subsidies inter alia have played a part – but wrong to dismiss the impact of deregulation.
Taking the first 13 years following deregulation – before the ramp-up in external support for London’s bus operations – the changes in key...
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