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Rail fares to rise by 4.1%

Regulated train fares are set to rise by an average 4.1% from January after the headline rate of retail price index nflation fell to 3.1% in July from 3.3% in June. Labour has pledged to cap fare rises if it gets into power.

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Inflation drop 'due to air fares, clothing and footwear'

The slight drop in the rate of inflation is due to air fares and price movements in the recreation, culture, clothing and footwear sectors, according to the Office for National Statistics (ONS).

A rise in petrol and diesel prices partially offset the fall, the ONS said.

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