Friday 21 November 2008

Off the rails

So, train fares are going up again:
Train passengers in Scotland face a 6% rise in the price of most tickets from January - almost 2% above the current rate of inflation.
Hang on a moment; this implies that inflation is around 4%.

No, it's not. Inflation is actually running at 15.1%. The price increases will follow.

And we ain't seen nothing yet...

1 comment:

David Farrer said...

Comments made on previous template:

very very thankss

28 November 2008, 12:57:05 GMT
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David Farrer
I know Gibson Street, but QE3?

23 November 2008, 19:19:54 GMT
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John Walker
Couldn't agree more - since when did those in charge of large and important enterprises (including the Government) ever tell us the truth anyway. 
I don't suppose "QE3" and Gibson Street in Glasgow ring any bells with you? 
John Walker

23 November 2008, 18:02:00 GMT