BREAKING: Regulated rail fares in England will increase by 5.9% from 5 March, says the Department for Transport. Read more here 👉 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Thursday 22 December 2022 12:44, UKRegulated rail fares in England will increase by up to 5.9% from 5 March next year, the Department for Transport has announced.
The increase is being imposed to support"crucial investment and the financial stability" of the railway, the department said. Transport Secretary Mark Harper said:"This is the biggest-ever government intervention in rail fares.Inflation stood atFares are not being increased in line with inflation, Mr Harper said, because with the impact of inflation being felt across the UK economy,"we do not want to add to the problem".
"This is a fair balance between the passengers who use our trains and the taxpayers who help pay for them," he added.
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