Rail commuters face huge fare rises thanks to Government loophole

Wednesday, 30 Dec, 2010 0

Rail travellers will face massive price hikes on the most popular routes this weekend as operating companies take advantage of a Government pricing loophole.

From the new year, train operating companies are allowed to raise fares across the board by 5.8% but the Government has not stipulated which routes it will allow price rises on and which price drops.
 
This means that companies can put up fares on the most popular routes and lower prices on obscure lines that few people use – evening out the average price rise across the board to 5.8%.
 
In 2010, operating companies had to increase prices equally across all regulated fares.
The news comes as the freezing weather has meant that many train routes have been disrupted and poor service has left thousands stranded.
 
The most hard-hit victims of the new rules are those travelling with First Capital Connect who will see price rises of 46.2% on some routes. It will put up its monthly ticket from Hornsey to Stevenage from £194.40 to £284.20.
 
Virgin Trains will put up the cost of an average season ticket by 5.8%, Southeastern will put fares up by 12.8 % while Southern will boost the cost of a season ticket from Eastbourne to London by 7.8%.
 
by Dinah Hatch

 



 

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