Concern among passenger groups after inflation data that dictates regulated ticket prices came in higher than forecast

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Train fares in England expected to rise by as much as 5.8% next year on the back of the latest inflation data release, sparking concern among passenger groups.

Increases in rail ticket prices are usually calculated by adding one percentage point to July’s inflation reading on the retail prices index, which was a higher than expected 4.8%, according to figures from the Office for National Statistics.

Continue reading…Rail fares, Rail industry, Business, Inflation, Transport, Rail transport, Consumer affairs, Money, Transport policy, UK news, Office for National Statistics, EnglandRead More

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