MSE News: Government caps rail fares rise

A question about : MSE News: Government caps rail fares rise

Annual regulated rail fare rises in January 2013 and 2014 will not be as high as planned ...

Read the full story:

Government caps rail fares rise

Best answers:

• Good news for us as husband's annual season ticket is more than annual mortgage payments.
  His tip is to renew in December not January so your rise is always a year behind.
• I have a simple question for the train operating companies and the government. What do they actually do with the extra money, raised by increasing fares above inflation could they please explain?
• Yes Nessie that's right, and indeed and other capital items (stations as well as train sets, and upgrades). They will recover more of the money by increasing non standard fares (eg 'advanced purchase' and rail card fares) Some companies may have to do this drastically or may just hand back the franchise ( as did National Travel) if the Government does not compensate them. It's a vote catching gimmick really for London commuters the squeezed middle :-)