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Train passengers face fare rise Train passengers face fare rise
(10 minutes later)
Passengers face above-inflation price hikes for rail tickets, train companies have announced.Passengers face above-inflation price hikes for rail tickets, train companies have announced.
Fares regulated by the government will be raised by most train companies by 4.3% next year - 1% above inflation.Fares regulated by the government will be raised by most train companies by 4.3% next year - 1% above inflation.
Unregulated fares, which train companies are free to decide themselves, will be increased by between 3.2% and 6.6%.Unregulated fares, which train companies are free to decide themselves, will be increased by between 3.2% and 6.6%.
The Association of Train Operating Companies said the money was needed to pay for ongoing service improvements.The Association of Train Operating Companies said the money was needed to pay for ongoing service improvements.
Regulated fares, which include season tickets and saver tickets, are determined by the Department for Transport and account for 40% of tickets sold.Regulated fares, which include season tickets and saver tickets, are determined by the Department for Transport and account for 40% of tickets sold.
Enhanced experienceEnhanced experience
A handful train companies are to increase fares by less than 4.3%, while the Southeastern trains service between Kent and London will go up by 6.3% under the terms of its new franchise.A handful train companies are to increase fares by less than 4.3%, while the Southeastern trains service between Kent and London will go up by 6.3% under the terms of its new franchise.
Unregulated fares, which include cheap day returns and account for 60% of tickets sold, will go up by varying amounts depending on train operator with an average rise of 4.7%.Unregulated fares, which include cheap day returns and account for 60% of tickets sold, will go up by varying amounts depending on train operator with an average rise of 4.7%.
George Muir, Director General of ATOC, said: "While no-one likes to pay more for their travel, we need the revenue to pay for the ongoing improvements to the railways that passengers expect - and overall satisfaction levels are now at an all time high of 80%. Atoc director general George Muir said: "While no-one likes to pay more for their travel, we need the revenue to pay for the ongoing improvements to the railways that passengers expect - and overall satisfaction levels are now at an all time high of 80%.
"Train operators will continue to raise their game, delivering further improvements to the railway and enhancing the travel experience of passengers.""Train operators will continue to raise their game, delivering further improvements to the railway and enhancing the travel experience of passengers."