Lord West of Spithead
Main Page: Lord West of Spithead (Labour - Life peer)Department Debates - View all Lord West of Spithead's debates with the Department for Transport
(7 years, 3 months ago)
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Lord Ahmad of Wimbledon
My noble friend speaks from great expertise, particularly on pensions, and she is right to raise the concern expressed by the travelling public. But I say to her that RPI is consistent with the general indexation approach currently used across all aspects of the rail industry, including franchise payments, network grants and franchise financial models. As she will be aware, those are all indexed at RPI. I have already alluded to the study; let us await the outcome and we will then see how we progress on the way forward.
Lord West of Spithead (Lab)
My Lords, 378 years ago yesterday, Charles I was executed. Does the Minister agree that this shows the dangers of any form of taxation, including indiscriminately taxing rail fare users for something that should be provided in another way?
Lord Ahmad of Wimbledon
The noble Lord again raises an important chapter in history. No matter what challenges the Government face, I hope that that fate does not await anyone.