Tories To Freeze Train Fares For Five Years

Written By Unknown on Sabtu, 11 April 2015 | 14.47

Rail fares will be frozen in real terms for five years if the Tories win the General Election, David Cameron has pledged.

The Prime Minister said extending the Retail Price Index inflation cap on regulated ticket prices until 2020 would save the average commuter £400.

The coalition has imposed the same restrictions for the past two years, and also removed the "'flex" train that allowed operators to increase some fares by more than inflation as long as others went up by less.

According to the Conservatives, the policy means commuters are already paying £75 less than they would have been.

The announcement is part of an effort to blunt the Labour attack over the cost of living, and accusations that most people are not benefiting from the economic recovery.

Mr Cameron, who is campaigning in the south west today, said: "The cost of commuting is one of the biggest household bills that hardworking families face and it is something we are determined to bear down on.

"It shouldn't just be taken for granted that people across the country who get up early and come home late, spend a large amount of the money they earn travelling to and from work.

"Because of the difficult decisions that we have taken to repair the economy, we have been able to hold down commuter fares for the past two years.

"If elected in May, we would freeze them in real terms for the next five."

But Mick Cash, leader of the Rail, Maritime and Transport union, said: "This latest stunt would still mean annual fare increases that would institutionalise the harsh reality that the British passenger pays the highest fares in Europe to travel on rammed out and unreliable trains.

"The only solution is to end the rip off of rail privatisation which would allow us to free up the hundreds of millions of pounds drained off in profits to invest in services and cut fares."

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