Rail Delivery Group has announced that train fares in the UK will increase on average by 3.1% next year.
This is the fourth time in the last six years that fares have been held below the previous July's RPI inflation rate.
RDG say that 98p from every £1 spent on fares goes into running the railway with fares covering day-to-day costs and government investment to effectively fund infrastructure improvements.
The biggest investment in the railway since the Victorian era will see train operating companies introduce 7,000 new carriages to support 6,400 extra services a week by 2021.
The average overall increase includes all national rail fares and will come into effect on 2nd January 2019.
Rail companies are working together to offer even better value for money to people where possible with the 26-30 Railcard set to launch on the 2nd January.
What did the officials say?
Paul Plummer, Chief Executive of the Rail Delivery Group, which brings together train companies and Network Rail, said:
“Nobody wants to pay more to travel, especially those who experienced significant disruption earlier this year.
“Money from fares is underpinning the improvements to the railway that passengers want and which ultimately help boost the wider economy. That means more seats, extra services and better connections right across the country.”
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Whilst Northern are still having to deal with introducing more strikes over Christmas and into next year. Typical.