Friday 30 October 2020

 

< back | business | images | knowledge | library | rail unveiled | home

archive

::: Government under fire as TfL countdown continues



Railhub Archive
2014-08-19 RDG-001
Rail Delivery Group

0

RDG responds to publication of July RPI


keywords: click to search


Rail Delivery Group



Phrases in [single square brackets] are hyperlinks in the original document

Phrases in [[double square brackets]] are editorial additions or corrections

Phrases in [[[triple square brackets]]] indicate embedded images or graphics in the original document. (These are not usually archived unless they contain significant additional information.)


Rail Delivery Group

RDG responds to publication of July RPI
_______________________________________________________________


date
19 August 2014
source Rail Delivery Group
type Press release



Responding to the publication of July’s Retail Price Index (RPI) inflation figure of 2.5%, which helps determine Season tickets and other regulated train fares for 2015, Michael Roberts, director general of the Rail Delivery Group (RDG), said:

“Money from fares pays for more trains, better stations and faster services on what is already Europe’s fastest growing, safest and most improved railway. Over the next five years, £38 billion will be invested in improving the network.

“Government decides the average change to regulated fares, including Season tickets, each year. For a decade, successive governments have regulated commuter fares so as to increase the share of rail’s costs paid by passengers rather than taxpayers.

“Our commitment is to enable future government fares decisions which work best for passengers, by continuing to get more out of every pound we spend and encouraging more train travel to pay for services and improvements.”

ENDS


Railhub Archive ::: 2014-08-19 RDG-001





Friday
30




Not logged on
Visitor










152 stories



1 document



3 collections





2 documents



3 documents