Labour’s Parliamentary Candidate for Sherwood, Leonie Mathers, has branded rail fare hikes a ‘rip off’ – in the wake of figures exposing inflation-busting rises.
A season ticket from Nottingham to Derby cost £1,108 in 2010. The same pass today cost £1,307 – a rise of £264. By 2018, using the Retail Price Index plus one per cent – the formula the government uses to calculate rail ticket price rises – it’s projected that a Nottingham to Derby season ticket will rise to £1,643.
A year-long standard class season ticket from Hucknall to Nottingham currently costs £542; based on the same pricing formula the journey could cost commuters £672.80 by 2018.
Commenting on the price increases, Leonie Mathers said: "Working people are being let down by this government - hit hard from every side; whether it's rocketing train fares, cuts to bus services, rising shopping bills or falling wages.
“We can’t go on like this. There's a real choice facing passengers between a fares hike of 24 per cent by 2018 under the Tories, or a Labour Government which will cap annual fares on every route and enact the biggest railway reforms since the Tories’ botched privatisation, delivering a better deal for passengers and taxpayers.”
“Labour will create a legal right to the cheapest ticket for your journey, and introduce a strict cap on rail fares, removing the ‘flex’ arrangement that allows train companies to hit some routes with even bigger rises.”