Above inflation hikes in train fares

Today say confirmation of the RPI inflation figure of 5%. Now apart from giving us real concern about the squeeze on our standards of living, this figure also confirms to all rail commuters that the cost of travelling to work will increase by 8% in January 2012. This is a massive jump. My monthly season ticket costs at present £132.50. After this 8% rise it will cost £143.10 (give or take a few pennies). That represents an increase of £127.20 per annum on the cost of travel. The above inflation price hikes are part of the government strategy to rebalance … Continue reading Above inflation hikes in train fares