Train companies plan to hike rail fares 87% after Election 2015

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Not content with raising rail fares in January, it seems that the UK’s train companies are planning to ‘stealth’ increase the price of fares by up to 87% ten days after Election 2015.

The Sunday Times reported over the weekend that Conservative leader David Cameron spoke with rail companies and asked them to “urgently review” its decision.

It is believed that prices on some routes will almost double, particularly those between London and the Cotswolds, along with ‘sharp’ prices on fares between Stafford and Liverpool. It is believe the price of an anytime return will jump from £26.50 to £33 – a hike of 24.5%, while anytime first-class tickets from Manchester to Stoke are set to leap 22% to £35.30.

News of the hike follows a pledge from Cameron to freeze rail fares for the duration of the next Parliament term, although this only applies to what are known as ‘regulated fares’ – which includes season and commuter tickets for major cities. Labour pledged a similar freeze in the form of a price cap.

Mike Richardson of price calculator site trainsplit.com said of the news, “Passengers might very well be surprised at these fare increases when both the main parties have talked about price freezes.”

What do you think of this revelation?

If you’re sick of constant rail price increases, why not try Liftshare.com as a replacement for train travel? It’s cheaper, greener and more social than rail travel.

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