Latest Rail News

25.04.12

2013 fare rise could hit passengers

Train fares could rise by inflation plus 3% next year, as transport secretary Justine Greening admits the reduction to inflation plus 1% this January could not be guaranteed again.

Speaking at a rail briefing in London, Greening stated that she would consider seeking a reduction closer to the end of the year.

She said: “There is no money tree out there that I can draw on. It is something that I am concerned to keep an eye on in terms of affordability of fares. It [the annual rise] is something that I would like to see come down, but I also know that we have to get some financial stability back into the rail industry.

“The sooner we can get these savings on the railways, the sooner we can end these inflation-busting fare increases. But I cannot operate in a vacuum. We are still in this European crisis. I have to fit into a broader Government picture and the Government has to look at the international picture.

“The problem passengers face is that it costs more to run the railways than it should. What passengers want is the value-for-money issue solved.”

But Manuel Cortes, general secretary of transport union TSSA, said the Government wanted to “condition passengers to the idea that ministers cannot afford to halt this fare increase”.

“That is a nonsense as we already have the highest fares inEurope. If these increases carry on until 2014, fares will have jumped by 24% during the four years of this Government. Passengers certainly will not think that we are all in this together while ministers drive by in their free chauffeur-driven cars.”

Tell us what you think – have your say below, or email us directly at opinion@railtechnologymagazine.com

Comments

Dave   26/04/2012 at 17:08

Did anyone expect anything else?

Add your comment

 

Rail industry Focus

View all News

Comment

The challenge of completing Crossrail

05/07/2019The challenge of completing Crossrail

With a new plan now in place to deliver Crossrail, Hedley Ayres, National Audit Office manager, major projects and programmes, takes a look at ho... more >
Preparing the industry to deliver trains for the future

04/07/2019Preparing the industry to deliver trains for the future

The move to decarbonise the rail network involves shifting to cleaner modes of traction by 2050. David Clarke, technical director at the Railway ... more >

Most Read

'the sleepers' blog

On the right track, Sulzer is awarded RISAS accreditation for Nottingham Service Centre

29/06/2020On the right track, Sulzer is awarded RISAS accreditation for Nottingham Service Centre

Following an independent audit, Sulzer’s Nottingham Service Centre has been accepted as part of the rail industry supplier approval scheme (RISAS). The accreditation reinforces the high-quality standards that are maintained by Sulzer’s... more >
read more blog posts from 'the sleeper' >

Interviews

Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

24/06/2019Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

Andrew Haines, the Chief Executive of Network Rail, has told the Today programme on Radio 4's BBC’s flagship news programme that he would not rule out his organisation issuing future r... more >
Advancing the rail industry with management degree apprenticeships

08/05/2019Advancing the rail industry with management degree apprenticeships

In answering the pressing questions of how current and future generations of managers can provide solutions to high-profile infrastructure projects across the UK, Pearson Business School, part of... more >