Proposal to cap rail fares hike

0
Have your say

POLITICIANS from across South Yorkshire are joining party colleagues to call for a cap in planned train fare rises.

Labour MPs are using an Opposition Day debate in Parliament today to seek a one per cent above inflation cap on future increases in rail fares, preventing price rises of up to 11 per cent due in January and again in January 2014.

The Government increased the cap on annual fair increases from RPI inflation plus one per cent to plus three per cent in the 2010 Comprehensive Spending Review and also allowed train companies to increase some fares by a further five per cent.

Maria Eagle MP, Labour’s Shadow Transport Secretary, said: “The rising cost of rail travel is adding to financial pressures many are facing.”