Skip to content
Wednesday 2 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,756.45
-0.30%
DAX
25,839.33
-0.50%
CAC 40
8,280.63
-0.26%
STOXX 50
6,362.15
-0.11%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 15 August 2022 1:22 pm

Govt reassures commuters next year’s rail fares rise will be below inflation rate

By: Michiel Willems

Add as a preferred source on Google
Commuters As U.K. Unemployment Drops Below Pre-Pandemic Level for First Time

The government said this morning that next year’s increase in rail fares in England will be below the current rate of inflation.

Changes in regulated fares such as season tickets are traditionally implemented on the first working day of the year and based on the previous July’s retail price index (RPI), which for 2022 will be announced on Wednesday.

But the Department for Transport (DfT) said next year’s rise in fares will be delayed until March and will be lower than the RPI figure for last month.

June’s RPI was 11.8 per cent.

An increase around that figure would add hundreds of pounds to the cost of many annual season tickets.

A DfT spokesman said: “The Government is taking decisive action to reduce the impact inflation will have on rail fares during the cost-of-living crisis, and will not be increasing fares as much as the July RPI figure.

“We are also again delaying the increase to March 2023, temporarily freezing fares for passengers to travel at a lower price for the entirety of January and February as we continue to take steps to help struggling households.”

Campaigners have been lobbying for the Government to stop using RPI to calculate the annual fare increase.

Paul Tuohy, from the Campaign for Better Transport, told the Daily Mail even a small increase to fares could price large numbers of commuters off trains altogether.

Read more

Inflation leaps to 2.9 per cent in blow to Burnham 

Burnham cityscape showcasing modern architecture, bustling streets, and vibrant community life in a thriving urban setting

He added: “We urgently need a fares freeze for 2023.”

It comes as rail industry bosses and the Aslef union are expected to hold formal talks in the coming days after a strike on Saturday shut down large parts of the rail network.

Strikes

Picket lines were set up in locations including London, Hull, Manchester and Liverpool amid disputes over jobs, pay and conditions.

Further strikes are planned for Thursday and Friday with members of the RMT and TSSA unions staging industrial action.

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.

Commuters were hit hard by the price increase of up to 3.8 per cent in England and Wales.

Wales usually makes similar fares changes to England while the Scottish Government has not announced in plan for 2023.

Fares in Northern Ireland are set by operator Translink, which does not use RPI.

Read more

 Burnham to unveil new cost of living measures on UK tour

Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Jaguar reveals the Type 01’s screen-free interior

  • Easyjet’s over-60s recruitment push is economically necessary

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

More from Morning Wire

  • Inflation leaps to 2.9 per cent in blow to Burnham 

    Economics
    Burnham cityscape showcasing modern architecture, bustling streets, and vibrant community life in a thriving urban setting
  •  Burnham to unveil new cost of living measures on UK tour

    Politics
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
  • Wizz Air profit wiped out by rising fuel prices

    Markets
    The CEO of Wizz Air received a huge bonus in 2024.
  • Burnham predicted to raise taxes for ‘fundamental’ cost of living support

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a dark jacket and glasses, standing before a large pile of waste.
  • Doctors union tops up £1m reserve pot for strikes

    Healthcare
    GettyImages 2246649047: Business professionals discussing strategy at a conference table, highlighting teamwork and collab...
  • Ryanair warns soaring jet fuel prices could topple rival airlines

    Transport & Infrastructure
    Ryanair Boeing 737 aircraft in flight with landing gear extended against a clear blue sky
  • Heathrow overtaken by Istanbul as Europe’s busiest airport

    Transport & Infrastructure
    Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.
  • The Burnham bounce won’t last unless Brits get better off

    Opinion
    Andy Burnham smiling and holding a pint of beer and a smartphone in a pub setting
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook