An expected increase to rail fares in England will be less than July’s retail price index to help commuters cope with the cost-of-living crisis, the Government has announced. The price rise, which will come into effect next year, will be lower than the rate of inflation, according to BBC News and The Times. The amount rail fares increase each year is calculated by the previous July’s retail price index. Earlier this year the largest rise in rail fares in nearly a decade added more than £100 to the cost of many annual season tickets. Analysis of fares by PA showed commuters were hit hard by the price increase of up to 3.8% in England and Wales.

Source: The Times August 15, 2022 02:39 UTC