On 2 January 2015, rail fares went up again. Fares have risen more than two and half times faster than wages and increased by a massive 27% since 2010.
Prices for regulated fares, including season tickets and anytime day tickets, have risen by up to 2.5%. In 2012/13 the rail industry received around £4bn in net government subsidies and in the same period private train companies paid out £200m in shareholder dividends. Evidence shows that over £1bn per year is wasted due to privatisation, and if saved this could fund an 18% cut in fares. We have the highest fares in Europe, yet research shows our trains are slower and more overcrowded than state run railways in France, Germany, Italy and Spain. Click here for more information.
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Please email your MP and ask them to support our call for an affordable railway under public ownership that puts people before profit.