Part of the debate – in the House of Commons at 8:58 pm on 20 January 2009.
Does my hon. Friend recall that in the period immediately after privatisation regulated fares were controlled at RPI—the retail prices index—minus 1? Does he agree that that was part of a sustainable transport policy that gave a clear signal to rail passengers that their fares would go up by less than the rate of inflation? Does not moving to RPI plus make it more difficult to have a sustainable transport policy?