Train fares set to rise in 2018

Train fares set to rise in 2018

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Rail commuters will be forced to pay an extra £100 on average for a season ticket as price changes come into effect next year.

Train companies have confirmed that fares will rise by 3.4% next year but is below the regulated fares increase of 3.6%, July’s RPI measure.

A BBC analysis found that annual season tickets for routes into six of England’s major cities, London, Liverpool, Bristol, Leeds, Birmingham, Manchester, would rise from £2,740 to £2,780.

There has been some controversy surrounding the price hike. Campaigners have argued that the government should change from Retail Price Index to Consumer Price Index, the latter of which has remained unchanged at 2.6% July.

A spokesperson for Campaign for Better Transport stated: “Current projections show that the government’s inflation figure will mean that rail fare rises are set to continue at a high rate for the next few years.

“Wages will have to go up by the same rate to help commuters keep pace with rail fare increases. Instead, the government needs to retreat, freeze fares now, and use the Consumer Price Index figure for future increases.”

According to the Department for Transport, 97% of passengers’ fares is reinvested into railway infrastructure as a means to improve daily transport life.

Over the course of 2018, the rail industry aims to improve services further north, with more trains and better transport links between Edinburgh and Glasgow. Closer to home, there has been heavy investment in Crossrail and Thameslink, which has been making good progress.

New fares are now available online and at ticket offices.

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