Qualified advisers answering your
Financial Questions
call 0800 092 1245

Average rail fares to increase by 1.1%


Average rail fares are due to increase by 1.1% from the 2nd January 2016, the Rail Delivery Group (RDG) has announced.

The RDG claimed that this was the smallest annual rise in six years, and regulated fares including season tickets will be capped at July’s inflation rate of 1%. Unregulated fares, which include off peak leisure tickets, can go up by as much as the train companies decide.

RDG chief Paul Plummer said:
"We know that nobody likes to pay more to travel by train, especially to get to work.

"[The increase] allows the government to focus its funding on building a bigger, better network when the railway is becoming increasingly important at driving economic growth, underpinning jobs, and connecting friends and families,"

The RDG has claimed that the increases cover the rails’ daily operating costs. Campaigners, such as Martin Abrams of the Campaign for Better Transport, believe that something needs to be done to achieve a railway which is “truly affordable”, as train fares have risen by more than 25% over the past five years. Abrams also believes that it is "simply unfair" that flexible ticketing has not yet been introduced, leading many part-time workers to "fork out for five-day season tickets which don't give them the same savings that full-time commuters get". He said:

"To avoid pricing people off the railways, the train operating companies and the government need to work closely together to provide fairer, simpler and cheaper fares through flexible ticketing and making sure people are always sold the cheapest ticket available."

Need financial advice?

If you have any personal finance questions related to this news article, then please contact our financial advisers. You can get in touch by asking a question online, calling us on 0800 092 1245, or by arranging a visit.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details