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Railhub Archive
2014-08-19 RDG-001
Rail Delivery Group0
RDG responds to publication of July RPI
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  RDG responds to publication of July RPI
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 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
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