Just how much more can the rail passenger take, surely there is a limit to the ticket prices he or she will pay? We must now have some of the most expensive railway journeys in the world. Surely it is time for the railways to be put back into public ownership, it woule be popular and the right thing to do.
Today's announcement confirmed two new pillars to the government's franchise policy: incumbents should make way for new operators; and the farepayer must shoulder a greater share of railway running costs through higher ticket prices.
Under the terms of the new eight-year contract, unregulated fares such as off-peak tickets could rise by as much as 60% over the life of the franchise. The ticket hike will help pay for 40 more carriages and 3,000 more seats on the new Cross Country service, although the franchise statement says it will squeeze more seats into the franchise's existing diesel fleet.
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http://business.guardian.co.uk/story/0,,2122792,00.html




