Train ticket prices have gone up by 3.4 percent across the country
That’s the largest average increase in five years, and it means that many commuters will see their season tickets, which are regulated and rise by the annual rate of inflation, increase by over £100.
Three-quarters of Brits favour renationalising the railways. The issue with that is that our railways were never really privatised. John Major’s botched job meant there was never any real competition, just regional franchise monopolies. Now, government wants to combine track and train provision, unifying private control — which is how rail works in Japan. This could work wonders if paired with deregulation on things like new lines and ticket prices, which will speed up development and see capital flow into the industry.
In the meantime, if you’re looking for ways to save money on train travel, consider CommuterClub, which allows you to pay for an annual ticket in monthly instalments