Labour analysis shows season ticket cost could rocket 4.8% for long-suffering rail users next year
Season ticket fares could rocket by up to 4.8% next year, new
analysis by Labour has shown – the biggest increase in a decade.
Passengers were hit with a 2.6% increase on the cost of train
travel from March 1 2021. But new Retail Price Index (RPI) figures
released today show the already eye-watering cost could rise by
another 4.8% next January, if the Government continues to use RPI
plus 1% as its basis for ticket price increases. Labour has
analysed costs on more than 180...Request free trial
Season ticket fares could rocket by up to 4.8% next year, new analysis by Labour has shown – the biggest increase in a decade. Passengers were hit with a 2.6% increase on the cost of train travel from March 1 2021. But new Retail Price Index (RPI) figures released today show the already eye-watering cost could rise by another 4.8% next January, if the Government continues to use RPI plus 1% as its basis for ticket price increases. Labour has analysed costs on more than 180 train routes since the Conservatives came to power and the projected new prices that will be implemented in 2022. The average commuter faces paying £3,295 for their season ticket - £1101, or 50% more, than in 2010. New figures released today by Labour show:
Jim McMahon MP, Labour’s Shadow Transport Secretary, said: “Rail travel has long been unaffordable for many people, thanks to the Conservatives prioritising the profits of private companies over passengers. “This would be yet another eye-watering hike hot on the heels of the failure of the Government’s so-called money saving flexi ticket scheme.” Ends Notes to editors
Top 5 highest rises in cash terms
Top 5 highest rises in percentage terms
Fare rises in Ministers’ constituencies
Season ticket data for 2010 has been taken from the Avantix Traveller (National Fares Manual) database.http://data.atoc.org/fares-data 2022 are based on a 4.8% increase on 2021 prices which have been taken from the National Rail season ticket calculator.https://www.nationalrail.co.uk/times_fares/Season-Calculator.aspx
ONS, Annual Survey of Hours and Earnings 2020, 3 November 2020,https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2020 |