When is freeze not a freeze
Last week, both David Cameron and George Osborne used their speeches to deride Ed Miliband's focus on the "cost-of-living crisis" on the grounds that it was a distraction from the primary task of 'fixing' the economy. But while doing so, the Tories have also acknowledged that the Labour is onto something
The Tory fightback has begun with the announcement that rail fare increases will be capped at 6%. Ministers say that the move could save commuters around £20 a month but with fares still set to rise above inflation for the eleventh year in a row it's rather small beer.
This late running fares review is a slap across the face for millions of passengers who have seen their fares go through the roof while seeing wages frozen or cut.
Despite seeing walk on fares rise by over 200% since privatisation, there is no action whatsoever to actually end inflation plus fare increases.
All they are offering is to limit them to twice the rate of inflation rather than three times the rate of inflation which have left us with the highest fares in Europe.
They are simply offering to hold passengers coats while they continue getting mugged every year by the same set of spivs- the private rail firms.