Fare increase on the cards for Essex rail users (From Gazette)
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Fare increase on the cards for Essex rail users
6:38pm Tuesday 14th August 2012 in News By Will Lodge
RAIL fares could rise by as much as 6.2 per cent per cent from January 1.
The government cap on ticket price increases is set at RPI - retail price index rate of inflation, which includes housing costs - plus three per cent.
Inflation for July, which is used as the benchmark for the rail fare cap, was calculated at 3.2 per cent according to figures released by the Office of National Statistics today.
Other fares could rise by more than the cap as the level is an average across the price structure, meaning train companies can hike some ticket prices as long as they cut others.
Greater Anglia, which runs train services in north Essex, said its prices for 2013 would be announced later this year.
Read the full story in tomorrow's Gazette.
