BusinessPostCorner.com
No Result
View All Result
Friday, July 3, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Rail fares to be frozen in England next year

November 22, 2025
in Business
Reading Time: 3 mins read
A A
0
Rail fares to be frozen in England next year
ShareShareShareShareShare

Rail fares in England next year are to be frozen for the first time in 30 years, the government has announced.

The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns.

The most recent fare rise, in March 2025, was 4.6%.

Rail fares traditionally have gone up in January, based on the July rate of the retail price index (RPI) + 1% – although this formula has not always been followed.

The announcement comes days before the chancellor sets out the government’s financial plans in the Budget, amid a focus on the cost of living.

The government also said the move is intended to “directly limit inflation” by holding down “a major component of everyday costs”.

Since 2021, the annual increase has come in March instead of January.

A government source acknowledged it was possible unregulated fares would still rise, but insisted they usually followed regulated fares.

Unregulated fares increased by 5.5% in the year to March 2025, 1.1% above regulated fares – with a total increase in rail fares of 5.1% in that period.

The Rail Delivery Group, a representative body made up of the UK’s rail operators, said the freeze would be “good news for customers”.

“We want our railways to thrive, that’s why we’re committed to working with government to ensure upcoming railway reforms deliver real benefits for customers,” a spokesperson said.

Since 1996, the government has regulated some train fares following the privatisation of British Rail.

The freeze marks the first point since then that fares will have been frozen, although there have been periods where price increases were below RPI, and a dip in prices following the financial crash in 2010.

About 45% of rail fares are regulated by the government in England, Wales and Scotland – but the freeze only relates to travel in England. The announcement also only applies to services run by England-based train operating companies.

Regulated fares include season tickets covering most commuter routes, some off-peak return tickets on long-distance journeys and flexible tickets for travel in and around major cities.

Train operators are free to set prices for unregulated fares, but they typically rise by similar amounts.

The government estimates that the move will save commuters on more expensive routes more than £300.

Chancellor Rachel Reeves said the freeze was being put in place to help ease cost of living pressures, and make “travelling to work, school or to visit friends and family that bit easier”.

Transport Secretary Heidi Alexander said it was part of “wider plans to rebuild Great British Railways”.

Great British Railways is a public body which is in the process of being set up, and is part of the government’s plans to bring parts of the railway system into public ownership.

The government has said it will take over the running and management of the tracks and trains, “ending years of fragmentation, driving up standards for passengers, and making journey easier and better value for money”.

The government has said part of its plans for the new body is to “gradually move away from annual blanket increases”.

Labour said passengers had faced “relentless” fare increases every year under the previous Tory government.

However, shadow transport secretary Richard Holden said: “In government, the Conservatives kept fares on the right track with below-inflation rises and consistently called for no further hikes to protect hard-working commuters.”

Credit: Source link

ShareTweetSendPinShare
Previous Post

Keeping your accounting firm independent in the age of private equity

Next Post

£1.3bn boost for EV scheme expected in Budget

Next Post
£1.3bn boost for EV scheme expected in Budget

£1.3bn boost for EV scheme expected in Budget

Supreme Court expands president’s power to fire officials

Supreme Court expands president’s power to fire officials

June 29, 2026
Markets feel relief as US and Iran agree to a ceasefire on their increasingly violent ‘ceasefire’

Markets feel relief as US and Iran agree to a ceasefire on their increasingly violent ‘ceasefire’

June 29, 2026
Campaign optimization strategies that actually work in 2026

Campaign optimization strategies that actually work in 2026

June 30, 2026
Burnham’s rise revives talk of war bonds to fund the UK military

Burnham’s rise revives talk of war bonds to fund the UK military

June 28, 2026
Here’s Why Galaxy Just Slashed Clarity Act Odds In Half

Here’s Why Galaxy Just Slashed Clarity Act Odds In Half

June 29, 2026
Supreme Court checks Trump, but empowers the presidency

Supreme Court checks Trump, but empowers the presidency

July 1, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Lamb kebabs made of goat compared to horsemeat in lasagne scandal

Lamb kebabs made of goat compared to horsemeat in lasagne scandal

July 3, 2026
Trump claims Fed board is being ‘hostile’ and vows to continue Lisa Cook case

Trump claims Fed board is being ‘hostile’ and vows to continue Lisa Cook case

July 3, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!