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Inflation busting rail fare rises until 2019 warns TSSA

8 October 2012

Inflation busting rail fare rises will continue every year until 2019, the TSSA rail union warned today.

Inflation busting rail fare rises will continue every year until 2019, the TSSA rail union warned today.

It revealed that Government rail spending plans between 2014 and 2019 were based on fares outstripping inflation for the next seven years.

"Ministers are misleading passengers when they claim they will end inflation busting increases "as soon as possible", said union leader Manuel Cortes.

"Their own plans for the next seven years are based on passengers paying RPI plus 1% between 2014 and 2019. Passengers now contribute 60% towards the cost of running the railway, £6 billion a year.

"They will be soon be paying 75% under George Osborne's plans to squeeze them until the pips squeak.

"We don't need a crystal ball to see what is coming down the track. Fares will have risen by over 20% under this Coalition and we can see more of the same if they are re-elected."*

He claimed the U-turn on January's fare rise was caused by Ministers trying to to "mitigate their forthcoming defeats in the Corby and Croydon by-elections", both prime commuter seats.

"Even this will not save them from a drubbing. A 4.2% increase will put the cost of a Corby season ticket to London city up from £6,800 to over £7,000.

"That eye watering figure shows that Tory privatisation of the railways has failed and it is passengers who are paying the price every day for that failure."

 



* For details see Reforming Our Railway-Putting the Customer First, March 2012. High Level Output Specification, July 2012.

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