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Ground Transport

UK Rail fares to rise 1.9%

By tom newcombe / 16 August 2016
Business Travel News on X

Rail fares across England, Scotland and Wales will rise 1.9 per cent next year.

Regulated fares, including season tickets, will increase in line with July’s RPI inflation figures.

The rise comes as research from union TUC shows rail fares have increased double the speed of wages since 2010. The analysis shows that rail fares have risen by 25 per cent in the last six years, while average weekly earnings have only grown by 12 per cent.

The TUC said as fares have risen dividends paid to shareholders of private train companies have risen by 21% in the last year to £222 million.

The rise had led to renewed calls for renationalisation of the railways with Labour leader Jeremy Corbyn claiming prices could drop by 10 per cent if the government renationalised the railways.

Unveiling his plans to take the transport system back into public ownership, Corbyn said it would not cost anything because the Government would simply take control of the rail firms when their franchises ran out.

He denied it would be a return to the poor service days of British Rail and said that it was wrong private firms were posting huge profits and not improving services.

Prices increased 1 per cent last year following a 3.5 per cent increase in 2015.

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