Menu
16/08/2011
Inflation Figures To Push Up Rail Prices
Rail travellers will face price rises of around 8% next year, following the release of the latest inflation figures.
July's RPI inflation figure, which determines the rise in regulated fares such as season tickets and long-distance off-peak tickets, remained at 5%.
However, the new formula for fare increases is RPI plus 3% for the next three years, compared to plus 1% in previous years, which means customers could face ticket price rises of up to 8%.
A spokesperson for the Department of Transport said that "very difficult decisions" had to be taken on rail fares in order to ensure a better deal for passengers and tax payers.
However, the move has been criticised by the Campaign for Better Transport's Alexandra Woodsworth, who said: "Affordable rail travel is vital for passengers, for the environment and for our workforce. These massive fare rises will be a disaster for people already struggling with rising costs, and risk pricing those on lower incomes out of jobs in our major cities."
(KMcA/GK)
July's RPI inflation figure, which determines the rise in regulated fares such as season tickets and long-distance off-peak tickets, remained at 5%.
However, the new formula for fare increases is RPI plus 3% for the next three years, compared to plus 1% in previous years, which means customers could face ticket price rises of up to 8%.
A spokesperson for the Department of Transport said that "very difficult decisions" had to be taken on rail fares in order to ensure a better deal for passengers and tax payers.
However, the move has been criticised by the Campaign for Better Transport's Alexandra Woodsworth, who said: "Affordable rail travel is vital for passengers, for the environment and for our workforce. These massive fare rises will be a disaster for people already struggling with rising costs, and risk pricing those on lower incomes out of jobs in our major cities."
(KMcA/GK)
Related UK National News Stories
Click here for the latest headlines.
13 January 2012
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
08 November 2011
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
09 October 2008
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
27 April 2004
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
27 July 2009
MPs Criticise Rail Francise System
The current rail franchise system is "a muddle" which allows train companies to take advantage of it in order to raise fares, a report by a committee of MPs has claimed.
MPs Criticise Rail Francise System
The current rail franchise system is "a muddle" which allows train companies to take advantage of it in order to raise fares, a report by a committee of MPs has claimed.
-
Northern Ireland WeatherToday:A very mild, but mostly cloudy day, although with some bright or sunny spells. It will be mostly dry in the morning, but a little patchy light rain or drizzle at times in the afternoon. Maximum temperature 14 °C.Tonight:A band of heavier rain will move east during the evening before clearing eastwards after midnight. then mostly dry through the early hours, but a little rain towards dawn. Minimum temperature 8 °C.
