There are two measures of inflation in the United Kingdom. The usual and well known measure is the Retail Prices Index. This measure is used when government collects money from people in one form or another and is a higher measure of inflation than the Consumer Prices Index, which is the measure that the government uses to pay taxpayer’s money for things like pensions and benefits. As often happens with governments, there is one rule for them and a different rule for everyone else. Continue reading
Filed under: carbon emissions, climate change, energy, global warming | Tagged: consumer prices index, diesel trains, electric engines, electrification of railways, environmental impact of railways, nationalisation of railways, retail prices index, running costs, state subsidy | 1 Comment »
