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| Train fares set for lowest rise | |
| (30 minutes later) | |
| 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. | 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. | 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 average cost of a train journey is to rise from £5.05 to £5.11 from January. |
| Regulated fares make up about 40% of all fares and will fall because they are capped at RPI inflation plus 1%, based on July's inflation rate of minus 1.4%. | Regulated fares make up about 40% of all fares and will fall because they are capped at RPI inflation plus 1%, based on July's inflation rate of minus 1.4%. |
| Atoc usually releases separate figures for the regulated and unregulated increases. | Atoc usually releases separate figures for the regulated and unregulated increases. |
| The formula that sets the limits of regulated fares will finally work in passengers' favour Anthony SmithChief executive, Passenger Focus | The formula that sets the limits of regulated fares will finally work in passengers' favour Anthony SmithChief executive, Passenger Focus |
| However, with these latest figures it would not disclose what the average unregulated fare increase would be, opting instead to combine the two figures to make the 1.1% rise. | However, with these latest figures it would not disclose what the average unregulated fare increase would be, opting instead to combine the two figures to make the 1.1% rise. |
| 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." | 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". | 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 that "after years of punishing, above-inflation fare rises, some passengers will see a little light in the new year". | |
| However, he warned that the average figure would "mask steep rises on individual routes" and "many unregulated fares will continue to soar above inflation". | |
| He urged the industry "to be clear about which fares are going up and to publish average increases for unregulated fares for each train operating company". | |
| Atoc also fears that some train operators may tinker with off-peak ticket restrictions, forcing passengers into buying more expensive tickets. |