Post by Basil Jet
"The Government uses the previous July's Retail Prices Index measure of
inflation to determine increases in regulated fares, which was 3.6%. These
are around half of all tickets and include season tickets on most commuter
routes and some off-peak return tickets on long-distance journeys."
Rate of increase set by the Government not by the TOCs...
"The RMT described the fares announcement as "another kick in the teeth"
General secretary Mick Cash said: "For public sector workers and many
others in our communities who have had their pay and benefits capped or
frozen by this Government, these fare increases are another twist of the
"The private train companies are laughing all the way to the bank.""
Surely at least some of the increase is required to pay for the generous
pay increases the union keeps negotiating for its staff? ;)
Staff costs apparently make up around a quarter of every fare, whereas
profits make up 3%...
Oh yes, its just the poor hard done by public sector workers! Come into the
private sector and see what its like!
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