Regulated rail fares will rise by up to 5.9% - heaping more misery on squeezed commuters
The Department for Transport capped the rise at 5.9% for any fare regulated by the government - including season tickets for most trips and some off peak returns.
Unregulated fares are set by train operating companies but these usually follow the trend set by the Government thanks to contracts made during the pandemic, when passenger figures crashed due to lockdowns. "This is a fair balance between the passengers who use our trains and the taxpayers who help pay for them."It is the first time fares have not risen by a percentage point above the Retail Prince Index, a way of measuring inflation. The RPI for the last July is normally the benchmark, and it stood at 12.3%.
However, Labour’s shadow transport secretary Louise Haigh said: "This savage fare hike will be a sick joke for millions reliant on crumbling services.NHS staff set to get fast-tracked pay rise next year after 48 hours of strikes by nurses and ambulance workers
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