Rail fares for 2014 confirmed
Rail ticket prices for 2014 are now publicly available at ticket offices and online.
The rail industry confirmed today that the average increase across all fares in 2014 will be 2.8%, the lowest overall increase in four years.
The Chancellor announced on 5 December that the average increase for regulated rail fares would be in line with July’s Retail Prices Index (RPI), rather than the previously planned RPI+1%. Following the change, train companies and Transport for London have been resetting their fares.
Most prices will change on 2 January. However, fares for journeys wholly within London will change on 19 January, the earliest date Transport for London is able to accommodate the new prices in its systems. Passengers can check the new London fares, including Travelcards, from 10 January.
Michael Roberts, director general of the Rail Delivery Group which speaks on behalf of the rail industry, said:
“We strongly support the Government’s decision to introduce a real term freeze in the average price of Season tickets next year. The lowest increase across all fares for four years shows the industry's determination to maintain the phenomenal growth in rail travel since the mid-1990s.
“Nobody likes paying more to travel by train, particularly to go to work, but billions are being spent to serve passengers better. While major projects like the new King’s Cross or Birmingham New Street stations are plain for all to see, work has also been proceeding with thousands of smaller, less visible schemes to improve tracks, signals and tunnels. Investment in new trains has improved passenger comfort and helped make possible 4,000 more services a day than in the mid-1990s.
“According to European Commission research published last week, rail passengers rate the UK’s railway the best major network in Europe, but we will not rest on our laurels. Over the next five years, at least £24billion more will be spent improving the rail network. And the rail industry is working hard to get more for every pound we spend, allowing government the scope to hold down fares in future years should it choose to do so.”
Notes to editors
The Chancellor of the Exchequer announced in the Autumn Statement on 5 December that next year’s regulated fares, including season tickets, will rise on average by 3.1%, July’s Retail Prices Index (RPI). Before the Chancellor’s announcement, the average increase was due to be July’s RPI plus one percent, i.e. 4.1%.
Governments in Scotland and Wales, and Merseyside Passenger Transport Executive, set their own average increase to regulated fares. In Scotland and Merseyside, an increase of RPI+0 was planned across unregulated fares prior to the Chancellor’s announcement. The Welsh government had already planned RPI+0 on Season tickets.
To find out more about rail fares and why they are changing, visit www.railfares2014.com.
With the exception of Heathrow Express, fares for all journeys on national rail services that start and end within the London fares zones area (zones 1-9) will increase on 19 January to coincide with the increase in Transport for London fares, which include joint products such as Travelcards.