In Scotland, while regulated ScotRail peak fares increases are capped at RPI, regulated off-peak fares rise at one per cent below inflation. The new fares will take effect on 3 January 2020. The From April 2020, the State Pension is set to rise, making millions of pensioners around £350 a year better off. Under the Government’s ‘triple lock system’, the State Pension will receive a 3.99% boost – the biggest increase since 2012 - but will everyone benefit and, if so, by how much? The retail price index in the UK increased 2.7 percent year-on-year in January 2020, the most since last July, up from a 2.2 percent rise in the previous month and above expectations of 2.6 percent. On a monthly basis, retail prices dropped 0.4 percent, following a 0.3 percent increase in December and compared with market estimates of a 0.6 percent decrease. Retail Price Index in the United