Rail fares set to rise 1.6% in January as Inflation jumps amid UK recession - News Summed Up

Rail fares set to rise 1.6% in January as Inflation jumps amid UK recession


"Inflation has risen, in part, due to the largest monthly pump price increase in nearly a decade, as international oil prices rose from their lows earlier this year." (Image: AFP)"Between June and July 2020, petrol prices rose by 4.9 pence per litre, to stand at 111.4 pence per litre, and diesel prices rose by 4.0 pence per litre, to stand at 116.7 pence per litre," the ONS said. The move is expected to result in a 1.6% rise in season tickets next year, which is typically based on July's RPI. Passenger watchdog Transport Focus called for a major shake-up of rail fares to encourage passengers back to the railways following the collapse in demand caused by the coronavirus pandemic. Beat the rail fares hikeAnyone heading back to work can help minimise any rail fare rises with these tips.


Source: Daily Mirror August 19, 2020 06:26 UTC



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