Get involved: send your pictures, video, news and views by texting PKNEWS to 80360
Money for nothing extra? Rail fares to rise again in Devon and Cornwall
6:00am Friday 16th August 2013 in News
Passengers in Cornwall and Devon face a surge in regulated rail fares next year after official figures showed stubbornly high inflation in July.
Rail fares rises have now been higher than wage rises for six out of the past seven years.
Retail price index (RPI) inflation dipped to 3.1% in July from 3.3% in June - dooming train passengers to a sharp rise in ticket prices from January because regulated fares are pegged to the index.
This means a £17 rise for a yearly rail pass on the Truro to Falmouth line, to to £433 and a £83 hike in price for a 12-month season ticket on the Plymouth to Exeter route, to £2,111.
Train companies raise average regulated fares such as season tickets by one percentage point on top of July's RPI inflation figure - with the price hike kicking in from January.
This year passengers were hit with a 4.2% average rise in regulated fares - although this was lower than initial plans for a 6.2% fares surge.
The Government retreated from plans to allow fares this year to rise by 3% on top of RPI in the face of vocal opposition from passengers.
Christopher Irwin, chairman of rail users group TravelWatch South West, said: "This is particularly unfair when most people – save for bankers – have had their wages cut or frozen. The Government says there is record investment in rail but there is a great divide, even in the South West between the 'haves' in the north and 'have nots' in the south."
Comments are closed on this article.