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Train companies respond to the publication of July RPI
Ahead of the publication of the July Retail Price Index (RPI) inflation figure later this morning that helps determine regulated rail fares for 2013, Michael Roberts, Chief Executive of the Association of Train Operating Companies (ATOC) said:“The government decides the average increase of...
Train companies respond to the return of rail fare 'flex'
Responding to the Department for Transport's confirmation that train companies will be able to apply a 5% flexibility to regulated rail fare rises in January, a spokesperson for the Association of Train Operating Companies said:"The RPI flex has existed since privatisation. It was waived...
Train companies comment on July RPI and rail fares
In advance of the announcement of July RPI on Tuesday 17th August, a spokesperson for the Association of Train Operating Companies said:"The Government is currently reviewing its approach to rail fares and a final decision is unlikely to be made until the spending review in the autumn. The...
Most commuter fares set to drop next year
Rail passengers are set to benefit from lower rail fares from January 2010 following today's announcement that the Retail Price Index (RPI) stood at -1.4% in July this year.On the majority of rail journeys fares are regulated by the Government. Increases to most of those fares are capped at...
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