Regulated rail fares in England are to rise by 4.6% next year, with railcard costs also set to go up.
The government’s full Autumn Budget document confirmed the increases, although they were not mentioned by Chancellor Rachel Reeves in her speech to Parliament.
The government said: “Since the pandemic, the government subsidy for passenger services has increased to meet a shortfall in revenue as travel patterns have changed, in addition to the funding it provides to operate and maintain the rail network. The government will look to recover this shortfall to support services and ensure the railway is able to operate effectively.
“The government confirms that the annual regulated rail fares cap will rise by 4.6% on March 2 2025, one percentage point above RPI. This will be the lowest…
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RAIL (Digital) - 1 Issue, Issue 1022