inflation – RUDDINGTON.info

Bus Fares Rise – But Price Cap Extended

17th May 202317th May 2023 Graham Wright

Ruddington’s main bus operator – which runs the Navy 3 and Green 10 services, in our village – has announced that new fares will be introduced on its services from Sunday 28th May 2023. Nottingham City Transport (NCT) is blaming the latest rises on significant increases in its costs – which the company says resulted in an operational loss during the last financial year. From the end of this month, NCT’s average bus fare will go up by 9.6% – slightly below the current UK inflation rate of 10.1%. However, the operator’s…

Ruddington Bus Fares CUT by 20%

19th December 20221st January 2023 Graham Wright

Ruddington’s main transport operator has announced the welcome news that the New Year will begin with significantly cheaper travel aboard our village buses. Nottingham City Transport (NCT) Navy 3 and Green 10 bus passengers will benefit from a 20% cut in its single fares throughout January, February and March 2023 thanks to the government funded ‘Help for Households’ initiative. The standard adult single from Ruddington to Nottingham (and vice versa) will be reduced from £2.50 to £2.00. Customers who usually buy a £4.70 all-day ticket for a return journey will be able to pay just…

Housing Market After Mini-Budget

7th October 20222nd November 2022 Advertorial

Last week, The Guardian newspaper reported that UK house price growth flatlined in September with a stronger slowdown expected in the coming months as a combination of soaring inflation and mortgage rates makes moving unaffordable for many writes Nick Aston of Ruddington’s Benwell Daykin Estate & Letting Agents. The latest snapshot from the building society Nationwide comes at the end of a torrid week for the housing industry as lenders pulled 40% of available mortgages from the market after Kwasi Kwarteng’s mini-budget (Friday 23rd September 2022). Lenders began suspending products after the Chancellor’s sweeping tax-cutting…

Ruddington Bus Services Axed

25th August 202225th August 2022 Graham Wright

Two circular bus routes through our village, which provide Ruddington’s only direct connection with Morrisons at Gamston, Wheatcroft Garden Centre, the Central Avenue Shops in West Bridgford and NTU’s Clifton campus, are being withdrawn permanently next month. CT4N’s Services 22 and 23 have been under threat before, because of Nottingham City Council (NCC) spending cuts three and a half years’ ago, when they were still free buses run by ‘Nottingham Community Transport’. On that occasion CT4N stepped in to operate them on a commercial basis with fares payable, and buses then continuing daytime…

Ruddington Bus Fares Rising this Weekend

22nd August 202222nd August 2022 Graham Wright

Our main village bus operator has announced today that it’s putting up all fares from this Sunday in response to what it calls “significantly increased operating costs”. Nottingham City Transport (NCT), which runs our Navy 3 and Green 10 services, is blaming fuel and staffing costs being much higher than at the start of the year. It says diesel is costing them up to 50% more with the ‘BioGas’ price almost doubled. NCT explains that its drivers’ salaries have also increased by between 8.5% and 9.5% this year, in response to the national…