UK rail passengers see prices increase as new year begins

UK rail passengers see prices increase as new year begins

Rail passengers in the UK have seen ticket prices rise by an average of 2.3 per cent on the first week day of the new year. The increase, which is pegged to inflation, covers regulated fares, including season tickets, and unregulated, such as off-peak tickets.

Following protests about the continued price increases, the government said it was delivering the biggest rail modernisation programme for more than a century. The government uses the previous July’s retail prices index measure of inflation to determine increases in regulated train fares, which was 1.9 per cent. Train operating companies set the prices of other tickets but are bound by competition rules.

According to the Rail Delivery Group, which represents train operators, around 97 pence in every pound paid by passengers goes back into running and improving services.

 

News Source: www.breakingtravelnews.com

You might also like

Latest

Sabre named one of India’s 50 best companies to work for in IT & ITeS by Great Place to Work

The research and consulting firm Great Place to Work has named Sabre Corporation (NASDAQ: SABR), to its prestigious list of India’s 50 Best Companies to Work for in IT and

Latest

Expansion by Indian carriers to help aviation sector overcome cash ban impact

National carrier Air India is set to reduce its aircraft loans after finance minister Arun Jaitley allocated Rs 1,800 crore toward retiring debt that has been raised to fund fleet

Top Stories

In Conversation with IATO President Ravi Gosain: Rejuvenating India’s Inbound Tourism

India’s inbound tourism stands at a critical juncture. After the devastating impacts of the pandemic, the sector has demonstrated remarkable resilience, yet formidable challenges remain. As the Indian Association of