Train fares rising by almost 6% next month
‘This is the age… of the train’ roared Jimmy Savile a few decades ago. Sadly, he’s dead now but if he wasn’t, he’d probably be roaring, “Train fares – they’ve all gone completely tits up haven’t they?”
That’s because they’ll be going up by an average of 5.9% in January 2012, according to the Association of Train Operating Companies. Who knows, if Gorgeous George Osborne hadn’t capped fare increases at 6% in his Autumn Statement last month, it could have been as high as 8%.
But in a way, your increased contribution should be looked upon as an investment in the railway system, as ATOC have said that the extra money will be used to pay for "new trains, faster services and better stations". Let’s keep our eyes peeled for THAT, eh?