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Re: Train Spotters Corner
Quote:
Quote from The Telegraph:
Rail fares will continue to rise when Labour renationalises the train network, shadow transport secretary Andy McDonald has said.
Mr McDonald said the party’s plans to take back the train companies and network into state hands are “not about freezing or reducing” rail fares.
Instead Labour would only increase fares by CPI not RPI rate of inflation – a policy already being examined by the Tories as an attempt to stop rail fares rising too quickly.
CPI - the consumer prices index - is currently 3 per cent, while the RPI measure - retail prices index - is 4 per cent.
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So you'll still pay more under Labour. The difference being that nationalisation costs will come out of your taxes as well.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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