The DfT has declined to offer any explanation for specifying the use of the Retail Prices Index for fare increases in several future rail franchises.
The Office for National Statistics (ONS) says RPI is a “very poor measure of general inflation” and any continued use of RPI should be “closely scrutinised”. The RPI ceased to be a National Statistic five years ago and is only published by the ONS for legacy reasons.
However, it has now emerged that the next Wales and...
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