January 2014 rail fares now available
Rail passengers can check ticket prices for 2014 from today (23 December) at stations or online at southwesttrains.co.uk or through National Rail Enquiries.
The Chancellor announced in the Autumn Statement on 5 December that the average increase for regulated rail fares, including season tickets, would be 3.1%. This is in line with July’s Retail Price Index (RPI), rather than the previously planned RPI+1%. Following the change, train companies and Transport for London have been resetting their fares.
The South West Trains-Network Rail Alliance has confirmed that the average increase across all of its fares will be 3%, or an extra 13p on a single journey. This is the lowest increase in four years.
Most prices will change on 2 January. However, fares for journeys wholly within London will change on 19 January, the earliest date Transport for London is able to accommodate the new prices in its systems. Passengers can check the new London fares, including Travelcards, from 9 January.
As well as paying for the running of the day-to-day rail network, fares are helping fund a massive programme of investment. The Alliance is investing £360 million a year on maintenance, renewal of ageing infrastructure and enhancements.
Improvements for passengers on the UK’s busiest commuter network include:
· a £65 million fleet of 108 refurbished train carriages being introduced from this winter, which will provide extra capacity for around 23,000 peak time passengers every day
· the extension of platforms at over 60 stations to enable longer trains to run on key routes
· the start of a major improvement programme to renew the infrastructure at London Waterloo, the UK’s busiest station, within the next few days
· the early re-opening of one of the five platforms at the former Waterloo International terminal
· working with the Department for Transport on significant proposals to re-open the remaining four international platforms and extend platforms 1-4 at Waterloo.
Tim Shoveller, Managing Director of the South West Trains-Network Rail Alliance, said: "Over 218 million passengers rely on our rail network every year, more than double the number in 1996. We are investing fares directly in initiatives that will provide passengers with easier, more punctual, and more comfortable journeys.
"Across the rail industry, we are also working hard to get more for every pound we spend, giving government the scope to hold down fares in future years should it choose to do so.”
Notes to editors
For media enquiries about the South West Trains-Network Rail Alliance, contact either the South West Trains press office on 01738 442111/email firstname.lastname@example.org or the Network Rail press office on 020 3356 9166/9164/email email@example.com. Please note, a joint response will be given to media enquiries.
The Chancellor of the Exchequer announced in the Autumn Statement on 5 December that next year’s regulated fares, including season tickets, will rise on average by 3.1%, July’s Retail Prices Index (RPI). Before the Chancellor’s announcement, the average increase was due to be July’s RPI plus one percent, i.e. 4.1%.
To find out more about rail fares and why they are changing, visit www.railfares2014.com.
With the exception of Heathrow Express, fares for all journeys on national rail services that start and end within the London fares zones area (zones 1-9) will increase on 19 January to coincide with the increase in Transport for London fares, which include joint products such as Travelcards.
The vast majority of revenue from fares pays for services and sustains investment in more trains, better stations and faster journeys. On average, train companies retain 3p from every pound in operating margins. On average, every pound of income that the railway receives goes on the costs in the chart below:
About the South West Trains-Network Rail Alliance
The South West Trains-Network Rail Alliance was formed on 29 April 2012 with the aim of delivering an improved service for passengers with faster, more customer-focused decision-making. It is also a step towards delivering a more efficient and cost effective railway for the long term.
A single joint management team now look after train services and infrastructure across the South West Trains / Wessex route.
The Alliance is the first of its kind in the UK.
Train services operated by the Alliance are some of the busiest commuter train services in the UK. Over 2,000 passenger and freight services run on the network every day and the route covers 643 miles of track, with 1375 sets of points and 4394 signals.