East Anglia: New cap on rail fare rises is excellent news – MP
IPSWICH MP Ben Gummer today welcomed an announcement by the Prime Minister that rail fare increases for the next two years will be capped at a lower rate than had previously been agreed.
Ticket prices will rise by an average of 1 per cent above the RPI measure of inflation instead of the planned RPI + 3pc formula.
Conservative MP Mr Gummer said it was “excellent news” and he was very pleased that the government had listened to concerns of commuters.
He added: “RPI + 3pc has been in place for a long time.
“I think this will make a significant difference, especially for people who commute from a long distance like many people that live in Ipswich.
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“But we must make sure that the money stays in the region and goes to pay for new rail infrastructure.”
Essex MP Priti Patel added: “I welcome the Prime Minister’s decision to reduce the cap on rail fare increases, which will save my constituents money.
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“Conservatives in government have acted on the concerns of my constituents.
“But with fares still going up at a rate higher than inflation and wages barely increasing if at all, commuters will still be feeling their incomes squeezed by the costs of travel.”
A Department for Transport spokesman said: “This is expected to benefit more than a quarter of a million annual season ticket holders who can expect to have an extra �45 back in their pockets as a result of today’s decision.
“Many more holders of weekly and monthly season tickets could also see lower fares and some commuters will be over �200 better off over the two years.”
n Are you a regular commuter? Do you welcome the news? Write to Your Letters, Ipswich Star, 30 Lower Brook Street, Ipswich, IP4 1AN or e-mail email@example.com