Railways: Fares
The question
To ask the Secretary of State for Transport, what is the estimated net cost to the public purse of freezing certain regulated rail fares in March 2026 for this and the subsequent five financial years.
Answered by Keir Mather
The estimated net cost to the public purse of freezing certain regulated rail fares in March 2026 is set out in the table below. This is putting money back in the pockets of hardworking people when they need it most. With savings set to be available on over a billion journeys, the freeze will also make rail more affordable, encouraging more people to use the railway.
(£m) | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 |
Rail Fares: Freeze rail fares in England for one year from 1 March 2026 | +0m | -145m | -150m | -155m | -160m | -165m |
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