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> Fares have increased faster than inflation Fare increases have vastly slowed (versus inflation) since British Rail. https://books.google.co.uk/books?id=vAlCW
by gsnedders 6y ago
> Fares have increased faster than inflation
Fare increases have vastly slowed (versus inflation) since British Rail. https://books.google.co.uk/books?id=vAlCWxoV1NYC&lpg=PA277&pg=PA277#v=onepage&q&f=false https://books.google.co.uk/books?id=vAlCWxoV1NYC&lpg=PA277&p... shows average annual fare increase and RPI for the last 14 years of British Rail.
Over the last ten years of BR, fares increased 102% versus RPI of 62% (thus increasing 25% in real terms based on RPI; CPI didn't exist till the final five years of BR).
Over the past ten years, fares have increased 40% versus RPI of 31% (thus increasing 7% in real terms based on RPI, or 16% based on CPI).
- willyt 6y agoMost of the increases were during the tenure of a government that wanted to privatise the railways and believed they should be self funded and obviously would not want these price rises to occur once the railways were privatised.