Railways: Fares
The question
To ask the Secretary of State for Transport, what steps she will take to assess passenger affordability when setting rail fares.
Answered by Keir Mather
Passenger affordability is a top priority for this Government when setting rail fares. That is why this year we have taken the historic step of freezing regulated rail fares for the first time in 30 years, putting money back in hard working people’s pockets and delivering savings for passengers across billions of journeys.
It is important that we strike the right balance between affordability for passengers and reducing the burden on taxpayers. As set out in the Government’s response to the consultation on the Railways Bill, future fares policy under Great British Railways (GBR) will be guided by strategic parameters and guardrails, set by the Secretary of State and aligned to GBR’s financial settlement, providing GBR with greater autonomy and flexibility compared to today. These will reassure passengers that their fares will remain affordable, while ensuring sustainable use of taxpayer money on the network.
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