News That Matters

Tag: fare

New Year rail fare hikes at five-year high

New Year rail fare hikes at five-year high

Business
Commuters are being "priced out of going to work" by the largest rail fare increase in five years, according to a campaign group.Passengers catching a train on the first working day of 2018 will be hit with an average ticket price rise of 3.4%, with some commuter routes set for price hikes of more than £100.There are protests planned at around 40 railway stations up and down the country on Tuesday, with some commuters spending up to five times as much of their salary on season tickets as people on the continent.:: Top five average increases by operator:4.7% - Northern.4.6% - TransPennine Express.4.1% - CrossCountry.3.6% - Merseyrail.3.4% - Virgin Trains East Coast, Greater Anglia, London Overground and TfL Rail Travelcards and price caps.:: 'Raw deal': Trains must be run for passengersImag
Rail fare rise biggest for five years

Rail fare rise biggest for five years

Business
Train fares in Britain will go up by an average of 3.4% from 2 January.The increase, the biggest since 2013, covers regulated fares, which includes season tickets, and unregulated fares, such as off-peak leisure tickets.The Rail Delivery Group admitted it was a "significant" rise, but said that more than 97% of fare income went back into improving and running the railway.A passenger group said the rise was "a chill wind" and the RMT union called it a "kick in the teeth" for travellers.The rise in regulated fares had already been capped at July's Retail Prices Index inflation rate of 3.6%.The fare increase is above the latest Consumer Prices Index inflation figure of 3%, which was a five-and-a-half year high. Are you joining the '£5k commuter club'?The chief executive of passenger watchdog