The cut comes to 7.2 million train miles a year.
She said cuts may come first in administration and sales.
The cut came to an end, and a man's voice eased into the space.
And if, as has been suggested in recent weeks, more cuts are coming, the idea is not likely to go away.
Lucas can be certain of being around another week, until the next cut comes along.
"The cuts in medical education came out of the blue at the last minute."
Even so, the cut did not come as a surprise to the markets.
And for the first time he said there were "more cuts coming."
But the cuts are coming from a position of strength.
For some, the cut in the prime came as no surprise.