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Rail fares have risen twice as fast as wages since 2010

15 August 2016

Analysis from the TUC shows that rail fares have risen by 25% in the last six years, yet average weekly earnings have only grown by 12%.

Rail fares have increased at double the speed of wages since 2010, according to new analysis released today (Tuesday) by the TUC and the rail unions’ Action for Rail campaign.

The findings come as the government is set to announce another round of regulated rail fare increases for the coming year.

As fares for passengers rise, dividends paid to shareholders of private train companies have risen by 21% in the last year to £222 million.

A photo opportunity will take place at Exit 1 of London Bridge Station, used by GTR services such as Southern rail, at 8:00am on Tuesday 16 August. Rail unions and campaigners will unfurl a banner protesting about the fare increase and calling for public ownership of the railways. Similar protests will take place at various stations across the UK.

Commenting on the analysis, TUC General Secretary Frances O’Grady said:

“Rail passengers are paying more and getting even less. Fares go up while trains remain overcrowded, stations are unstaffed, and rail companies cut the guards who ensure journeys run smoothly and safely.

“Enough is enough. It’s time for rail services to be publicly owned, saving money for passengers and taxpayers alike. Instead of increasing fares and cutting staff, we should be building an accessible, reliable train service that Britain can be proud of.”

TSSA General Secretary Manuel Cortes said:

“Our rail fares are already the highest in Europe and today's increases will only make that record worse. It’s time that ministers gave rail passengers a break and actually froze fares in real terms.

"Fares on the most popular routes have jumped by more than 245% since rail was privatised 20 years ago. Running a publicly owned railway would end this annual mugging of passengers and give us a network run in the interests of passengers and staff."

Aside from the London Bridge photo shoot, other protests will take place across the UK. A list of times and locations is here: bit.ly/2aQ4FnE
 

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