London commuters already have some of the highest fares in Europe
(Picture: Nick Edwards)There is much in today’s inflation data to worry about. But for London’s armies of commuters it is next month’s announcement that will be worth closer than usual scrutiny.
The Retail Price Index (RPI), once the gold standard for measuring the cost of living but long since supplanted by its upstart sibling the Consumer Prices Index, does not get much attention these days.
