Train fares are capped by Government

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TRAIN ticket prices are set to freeze under a new Government initiative to overhaul the rail fare system.

This will come as a relief to passengers who could have seen a 9.1 per cent rise in ticket fares next January.

A South West Train service on the Portchester line heading for Fareham.

A South West Train service on the Portchester line heading for Fareham.

They will now be capped at a 6.1 per cent increase.

It has already been calculated that the average increase will be 4.1 per cent - as measured by the retail prices index (RPI) for July.

The Government has announced that the ability of train operators to add an additional five per cent to some individual fares, as long as the average rise of regulated fares is maintained at one per cent above RPI inflation, is being limited to just two per cent.

The announcement was made as part of the government’s Fares and Ticketing review that is being published by Patrick McLoughlin, Transport Secretary.

The review will also detail a pilot scheme that could see all long-distance rail tickets sold on a single-leg basis, not as returns.