TPA: Re-nationalisation is not the answer to rail fare rises

Wednesday, 14 August 2019 10:25

Inflation, as measured by the Retail Price Index, is going up. That means most rail fares are due to rise again this January. But calls to re-nationalise the railways should be rebuffed. Significantly lower fares could only be delivered by increasing taxpayer support, which would disproportionately benefit high earners: the top fifth of households travel three times as far by rail than those in the bottom 20 per cent. It would be deeply unfair for poorer taxpayers - who...Request free trial