Will 1.6% rail fare rise keep commuters away from offices?
Government may delay the planned increase amid concern over low train passenger numbers
The government’s push to persuade staff to return to their workplaces is under threat from a planned 1.6% hike in rail season ticket fares from next year.
As the London Evening Standard reports, “the cap on the annual rise in most regulated fares is linked to the previous July’s Retail Prices Index (RPI) measure of inflation”, which stood at 1%, the Office for National Statistics announced today.
However, while rail ticket prices usually usually increase every January, speculation is growing that the government may delay the 2021 rise amid concerns over low passenger numbers during the ongoing coronavirus pandemic.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
According to the Rail, Maritime and Transport union (RMT), only one in three workers have returned to their offices post-lockdown, and rail usage has dropped to 23% of pre-Covid numbers.
‘Blow for commuters’
The planned rise in season ticket prices would see the annual cost of rail travel between London and Brighton increase by £80 to £5,060, while the Edinburgh to Glasgow fare could increase by £67 to £4,267, says Sky News.
Laura Suter, personal finance analyst at investment platform AJ Bell, said: “The leap in inflation in the past month is a blow for commuters. While lots of people have ditched the daily commute and are still working from home, it’s unlikely that will still be happening at the same scale by next year when price rises come in.”
Earlier this week, Transport Focus urged the government to cut rail fares “to entice travellers back onto trains”, The Guardian reports.
The passenger watchdog’s chief executive, Anthony Smith, said: “The government needs to get train companies to offer a combination of cut-price deals, carnet style ‘bundles’, flexible season tickets for commuters and better value for money fares across the board.
“Like the government’s restaurant deal, we need a ‘head out to help out’ campaign to help get the country on the move again, boost the economy and reduce traffic on our roads.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Mike Starling is the former digital features editor at The Week. He started his career in 2001 in Gloucestershire as a sports reporter and sub-editor and has held various roles as a writer and editor at news, travel and B2B publications. He has spoken at a number of sports business conferences and also worked as a consultant creating sports travel content for tourism boards. International experience includes spells living and working in Dubai, UAE; Brisbane, Australia; and Beirut, Lebanon.
-
Marty Makary: the medical contrarian who will lead the FDA
In the Spotlight What Johns Hopkins surgeon and commentator Marty Makary will bring to the FDA
By David Faris Published
-
4 tips for navigating holiday season stress
The Week Recommends Balancing pressure and enjoying the holidays can indeed coexist
By Theara Coleman, The Week US Published
-
Putin says Russia isn't weakened by Syria setback
Speed Read Russia had been one of the key backers of Syria's ousted Assad regime
By Peter Weber, The Week US Published
-
Labour shortages: the ‘most urgent problem’ facing the UK economy right now
Speed Read Britain is currently in the grip of an ‘employment crisis’
By The Week Staff Published
-
Will the energy war hurt Europe more than Russia?
Speed Read European Commission proposes a total ban on Russian oil
By The Week Staff Published
-
Will Elon Musk manage to take over Twitter?
Speed Read The world’s richest man has launched a hostile takeover bid worth $43bn
By The Week Staff Last updated
-
Shoppers urged not to buy into dodgy Black Friday deals
Speed Read Consumer watchdog says better prices can be had on most of the so-called bargain offers
By The Week Staff Published
-
Ryanair: readying for departure from London
Speed Read Plans to delist Ryanair from the London Stock Exchange could spell ‘another blow’ to the ‘dwindling’ London market
By The Week Staff Published
-
Out of fashion: Asos ‘curse’ has struck again
Speed Read Share price tumbles following the departure of CEO Nick Beighton
By The Week Staff Published
-
Universal Music’s blockbuster listing: don’t stop me now…
Speed Read Investors are betting heavily that the ‘boom in music streaming’, which has transformed Universal’s fortunes, ‘still has a long way to go’
By The Week Staff Published
-
EasyJet/Wizz: battle for air supremacy
Speed Read ‘Wizz’s cheeky takeover bid will have come as a blow to the corporate ego’
By The Week Staff Published