Break out the violins, lads and lasses, for the train operating companies have been told no, the government won't do away with the 1% above inflation cap on regulated fares. With inflation dropping, we could easily have a fall in ticket prices next year and the TOCs tried to cry foul. Poor dears. Yes, we know they're locked into contracts that mean handing over billions to the government, but it's hard to have much sympathy when UK fares are already the highest in Europe. TOCs say they may have to cut jobs - but how would that be any different to what they're doing now? And of course this only affects regulated fares; how much do you bet walk-up and others skyrocket next year? (Though again, how would we tell the difference?) (Image / ooOJasonOoo)
xRail Fares May Decrease; Snowballs In Hell Cheer
Last Updated 25 February 2009
Rail Fares May Decrease; Snowballs In Hell Cheer