Unregulated fare increase.

[whole diary]

[grahame]

"Just announced - 2.3% increase in unregulated fares ..." / BBC^» (British Broadcasting Corporation - home page) Wiltshire, 7 a.m.     Versus 0.9% on regulated?

Is this Rail Delivery Group (ex ATOC^» (Association of Train Operating Companies See - here)) announcement?

[TaplowGreen]

"Just announced - 2.3% increase in unregulated fares ..." / BBC^» (British Broadcasting Corporation - home page) Wiltshire, 7 a.m.     Versus 0.9% on regulated?

Is this Rail Delivery Group (ex ATOC^» (Association of Train Operating Companies See - here)) announcement?

...................a small price to pay for all that luxury, efficiency and outstanding customer service 

[grahame]

https://www.theguardian.com/money/2016/dec/02/train-fares-to-go-up-by-23-in-2017

And from the BBC^» (British Broadcasting Corporation - home page): http://www.bbc.co.uk/news/business-38180049

Train fares in Britain will go up by an average of 2.3% from 2 January, the rail industry has announced.
The increase in regulated fares, which includes season tickets, is capped at July's RPI^▸ (Revenue Protection Inspector (or Retail Price Index, depending on the context)) inflation rate of 1.9%.
Unregulated fares, such as off-peak leisure tickets, can go up by as much as the train companies like.
The Rail Delivery Group, which represents train operators and Network Rail, said the industry was working to simplify fares and improve services.
"We understand how passengers feel when fares go up, and we know that in some places they haven't always got the service they pay for," said Paul Plummer, chief executive of the Rail Delivery Group.

[TaplowGreen]

https://www.theguardian.com/money/2016/dec/02/train-fares-to-go-up-by-23-in-2017

And from the BBC^» (British Broadcasting Corporation - home page): http://www.bbc.co.uk/news/business-38180049

Train fares in Britain will go up by an average of 2.3% from 2 January, the rail industry has announced.
The increase in regulated fares, which includes season tickets, is capped at July's RPI^▸ (Revenue Protection Inspector (or Retail Price Index, depending on the context)) inflation rate of 1.9%.
Unregulated fares, such as off-peak leisure tickets, can go up by as much as the train companies like.
The Rail Delivery Group, which represents train operators and Network Rail, said the industry was working to simplify fares and improve services.
"We understand how passengers feel when fares go up, and we know that in some places they haven't always got the service they pay for," said Paul Plummer, chief executive of the Rail Delivery Group.

Plummer has just been interviewed on the BBC, he was frankly pathetic.

[ChrisB]

1.9% regulated I think?

And if the *overall* average is 2.3%, that surely means the unregulated are *above* 2.3%. I wonder what that basket % actually is?

[grahame]

1.9% regulated I think?

And if the *overall* average is 2.3%, that surely means the unregulated are *above* 2.3%. I wonder what that basket % actually is?

As an educated guess, regulated / regulated are about 50 / 50 - so in very rough terms, unregulated are going up by about 2.7%?   As talk is of "simplifying the system" I would hope that's really the case (even though I regret the loss of lower cost tickets) rather than loading higher price fares to distort the matrix further.