Rail fares face biggest rise for five years - Ashdale Business Consulting

Rail fares face biggest rise for five years

 

Millions of rail users in the UK will see the price of regulated rail fares rise by up to 3.6% in January.

The permitted increase – which is taken from the Retail Prices Index (RPI) inflation measure for July – will be the highest since January 2013.

Passenger groups said commuters would be worst-hit, and suggested that the RPI measure should be scrapped.

The most widely watched and used measure, the Consumer Prices Index (CPI), was unchanged at 2.6%.

  • Why will train fares go up next January?
  • Cheaper rail fares on day of departure

The fare rises will affect “anytime” and some off-peak fares as well as season tickets in England and Wales.

In Scotland, it is mainly commuters who will be affected, with off-peak fares rising by a smaller amount. The Scottish government currently limits rises in off-peak fares to RPI minus 1%.

There are no plans for increases in Northern Ireland.

Click here to read more (Source: BBC News)