March 2021 - Retail Price Increase for Riverside Business Centre Tennants
Riverside Business Centre and Pace Telecom have resisted applying the Retail Price Index (RPI) rate of inflation over the last 5 years. Unfortunately, we have had to address this matter.
This rate is announced in February and your bill will be adjusted by this amount on the 1st May 2021.
RPI is a widely recognized measure of the general level of inflation and several industries use it as a guide on whether to adjust prices, as well as by how much.
This year’s RPI was published in February 2021 and we will increase your by RPI of 2% on the 1st May 2021.