Helen Nugent

Rail fares, inflation, pension deficits and savings cuts

Rail fares have increased at double the speed of wages since 2010, research by trade unions suggests.

Fares have risen by 25 per cent in the past six years, while average weekly earnings have grown by 12 per cent, analysis by the TUC and the Action for Rail campaign shows. Meanwhile, official figures released this morning show that the UK’s inflation rate, as measured by Consumer Prices Index, rose to 0.6

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