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06.01 - 14:37
Rail fares to increase by 3.8% in March
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theguardian.comRail fares are to rise by 3.8% in March, the government has confirmed, in line with July’s RPI inflation rate.
The latest increase –revealed in the Guardian after a leak this month – is less than some feared after fares went up above the RPI inflation rate in March of this year.
However, with current inflation rates running much higher, and many former season ticket-holders in the commuter belt working from home, the fare rise is likely to be met with less political outcry than in previous years.
Industry leaders have argued for a freeze to tempt passengers back to the railway, with numbers again declining with the Omicron coronavirus variant. Numbers had peaked at about 70% of pre-pandemic levels in November.
However, the Treasury is keen to
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