Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

What the Spending Review means for RAIL

21 October 2010

 

Although the Department for Transport is expected to make a more detailed announcement next week, it has already provided a more detailed analysis of some if its spending priorities.

Rail ticketing

For rail the biggest announcement from the DfT is that the cap on regulated rail fares will increase from the current RPI+1% to an average annual increase of RPI+3% for three years from January 2012.

In a statement it added that due to the impact of relatively high inflation at present the...

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