Rail Season Tickets to Rise by 3.5 Per Cent in England Next Year

By Gary Cutlack on at

The mathematicians and economists have spoken. The formula that sets the rise in regulated rail fares like season tickets, singles and off-peak returns, has been calculated, allowing the rail operators to add 3.5 per cent to the stifling cost of travel in 2015.

The price rise comes courtesy of the UK's Retail Prices Index inflation figure, which currently stands at 2.5 per cent. The government allows rail networks to increase fares by RPI plus one extra percentage point as a sort of ironic tip to themselves for continuing to do a crappy job, arriving at the 3.5 per cent increase figure.

The rise applies to England. The case in Scotland is slightly different, where off-peak fares will be frozen in 2015, with peak tickets rising by "just" 2.5 per cent. [BBC]

Image credit: Steam train from Shutterstock