 Much debate continues over annual fare increases, although the government has now pledged to keep regulated rail fare increases at Retail Prices Index (RPI) inflation for the remainder of this Parliament.In addition much debate has continued over the financing of various rail schemes driven primarily by the huge cost and time overrun on the GWML route modernisation and electrification scheme.In connection with this, and to coincide with the Chancellor's Autumn statement in November 2015, the Bowe and Hendy reports were produced.