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'Lowest' annual train fare rise | 'Lowest' annual train fare rise |
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Train fares are to rise by the lowest rate since rail privatisation in the mid-1990s, the Association of Train Operating Companies (Atoc) has said. | |
It announced that fares will increase by an average of 1.1% in January. | |
Regulated fares, which include season tickets, will fall by 0.4%. However unregulated fares, including cheap day returns, are expected to go up. | Regulated fares, which include season tickets, will fall by 0.4%. However unregulated fares, including cheap day returns, are expected to go up. |
Some rail unions have expressed fears that the price of some tickets may rise by as much as 10%. | Some rail unions have expressed fears that the price of some tickets may rise by as much as 10%. |
The average cost of a train journey is to rise from £5.05 to £5.11 from January. | |
The formula that sets the limits of regulated fares will finally work in passengers' favour Anthony Smith, chief executive of Passenger Focus | |
Atoc chief executive Michael Roberts said: "Not only is January's average fare rise the lowest since privatisation, but it will come in well below the rate of inflation, meaning a real-terms cut in prices for many passengers." | |
He said "record performance, better services and value-for-money fares" had led to "the highest number of passengers travelling by rail for 60 years". | |
Anthony Smith, chief executive of rail customer watchdog Passenger Focus, said the average figure would "mask steep rises on individual routes". | |
However, he added that "after years of punishing, above-inflation fare rises, some passengers will see a little light in the new year". | |
"The formula that sets the limits of regulated fares will finally work in passengers' favour," he said. |