Just got time to post about this report from the RAC Foundation (http://www.racfoundation.org/): Public Transport Effects on Road Traffic Potential and Limitations. It’s part of a series of reports on the UK transport network, the rest of which can be found here: http://tiny.cc/Boo8V
No doubt the headline grabbing news will be the fact that, apparently, one billion pounds of public transport fare cuts would reduce car travel by less than half a percent.