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Rail fares 'rise faster than wages'

Rail fares have risen nearly three times faster than wages over the past five years, new analysis suggests.

Unions protest as rail fares rise three times faster than wages over five years

Action for Rail calls for renationalisation, saying season tickets and regulated fares have increased by 25% since 2010 compared with 9% for average payRail unions are holding a protest on Tuesday to highlight their claim that rail fares have risen nearly three times faster than wages over the past five years.Campaigners at Waterloo station will hand out postcards highlighting the cost of rail privatisation and demanding a return of the railways to public ownership. Continue reading...

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Rail minister pledges instant refunds for rail delays

New compensation scheme announced as it is revealed that commuters will face the smallest increase in rail fares since 2010 in the New Year

Tuesday, 18 August 2015

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  • Rail fares forecast to rise 1% after latest inflation dataIncrease comes despite claims from campaigners that train tickets are rising three times faster than wages and service is deterioratingRail fares are expected to rise by 1% from January after the announcement of July’s Retail Prices Index (RPI) inflation figure, which helps determine regulated train fares for the next year.Details of the rise follows a study which claims that season tickets and other regulated fares have increased nearly three times faster than wages over the past five years. Continue reading...
  • Drunk airBaltic crew included co-pilot at seven times legal alcohol limitSecond officer given six months’ jail while captain and flight attendants also face proceedings after tip-off stopped them taking charge of flight from Norway Related: Korean Air 'nut rage' woman freed from jail A Norwegian court has sentenced a Latvian airBaltic co-pilot to six months in jail after he failed a breathalyser test before take-off from Oslo’s airport. Continue reading...
  • Unions protest as rail fares rise three times faster than wages over five yearsAction for Rail calls for renationalisation, saying season tickets and regulated fares have increased by 25% since 2010 compared with 9% for average payRail unions are holding a protest on Tuesday to highlight their claim that rail fares have risen nearly three times faster than wages over the past five years.Campaigners at Waterloo station will hand out postcards highlighting the cost of rail privatisation and demanding a return of the railways to public ownership. Continue reading...

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  • Passengers to get instant refunds for delayed trains (Subscription)Rail passengers will receive automatic refunds for late or cancelled trains, under new government plans. Ministers want to stop people being forced to “jump through hoops” to claim compensation amid fears that they are missing out on as much as £100 million a year. Up to nine in ten passengers fail to make regular claims for delays. Under the proposals, they could be compensated directly into their bank account or on to a

Reuters News

City AM

  • Can shipping brokers ride out the rougher seas?Commodity turmoil could blow the shipping industry off course. THE WIDER effects of stormy conditions in the global commodities market are emer­ging as more companies reveal tumbling earnings. Shipping company Clarksons yes­terday published profits of £6.2m, down 36.7 per cent on the first six months of the previous year, citing “severe challenges faced by the dry bulk market” (of unpackaged raw commodities) as the primary cause of the decline. As global commodity prices fall, shipping companies are suffering from the dry bulk market’s tendency to rapid fluctuations. Andi Case, Cla...
  • Gatwick blasts recommendation to build third Heathrow runwayTHE CHIEF executive of Gatwick Airport has hit out at a recent commission’s recommendation that Heathrow be expanded. A 50-page catalogue of criti­cisms, published yesterday, targets the Davies Commission’s use of analysis from consultants PwC, despite its own expert panel urging caution on it. It also said the commission’s proposals, which rejected calls to expand Gatwick, used incorrect traffic estimates. “We expected a well-considered examination of all options, but instead the final report contains so many omissions and basic errors that its reliability as the basis of aviation po...
  • Rail fares rose "three times faster" than wagesCommuters have been left out of pocket with rail fares rising nearly three times faster than wages over the past five years.Regulated ticket prices increased by 25 per cent between 2010 and 2015, while average pay rose nine per cent during this period, according to a study by the TUC."Rail fares have rocketed over the last five years, leaving many commuters seriously out of pocket," Frances O'Grady, general secretary at the TUC, said.Read more: New rules mean passengers can claim cash if rail journeys disruptedThe government previously pledged to ensure rail fares ...

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Rail Magazine

Railnews

  • Government launches sale of King's Cross stake The Government has started the sale of its one-third stake in the former railway lands around King's Cross station in London. The 27-hectare site is being used for a number of high-profile redevelopments, which include a controversial and currently delayed headquarters building for the internet services provider Google. The Government said the transaction would be a 'multi-million pound deal'. The land was once used for a locomotive depot and a maze of sidings, but it has not been needed for railway purposes for many years.

Aviation Industry

  • AEF briefings: Airports Commission’s climate and economic analysesThe Airports Commission has claimed that a new runway at Heathrow would deliver ‘up to £147 billion benefit’ for the UK. But this figure is based on analysis that takes no account of the environmental or surface access costs of expansion. The results generated by using the Government’s cost benefit methodology meanwhile, are dramatically different: the Commission’s own figures suggest that building a third runway at Heathrow would result in a net £9 billion loss to the UK.
  • Following system failure, FAA says ERAM has no ‘inherent problems’FAA said an Aug. 15 air traffic control (ATC) system failure was not caused by “any inherent problems” with its new ATC computer system. read more

Green Miscellany

  • Motorcyclist comes face to face with HGV dangerA motorcyclist has captured on film the moment he came face to face with HGV danger and lived to tell the tale. If you thought the most dangerous risk from HGVs was being trapped on nearside, think again. Shocking new footage on YouTube reveals that a left turning lorry is as much of a threat to those in oncoming traffic as it is to those travelling in the same direction. The post Motorcyclist comes face to face with HGV danger appeared first on ETA.

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