2 January: Today marks the 10th anniversary of using an "above inflation" formula to set the rise in most rail fares.
The RPI +1% formula used since 2004 means that commuter fares have risen by 54 per cent in ten years - an increase of more than 20 per cent over wage increases. This is largely due to the above inflation formula that the government uses to set ticket prices.
It is unacceptable that government policies on rail fares are making the choice to take the train to work an extravagance that many struggle to afford. The time has come not just to stop the rises but to reduce fares. This is why we are launching today a new online petition calling on the government to name a date to end above inflation fare rises.
More affordable rail fares will increase job opportunities, promote local economies as well as reducing CO2 emissions, road congestion and pollution.
In response to pressure applied by our supporters, the Prime Minister announced in October that the even higher RPI + 3% rises originally planned would not be going ahead. Now we need rail users' help again in order to end the insanity of using a formula to set rises in regulated fares that, rather than protecting commuters, is punishing them.
Now we need rail users' help again in order to end the insanity of using a formula to set rises in regulated fares that, rather than protecting commuters.
Campaign for Better Transport Charitable Trust is a charity (1101929) and a company limited by guarantee (4943428)