The UK Government says that passengers are now benefitting from the freeze on rail fares for the first time in 30 years.
It is expected to save passengers £600m in 2026/27. For example, a typical passenger travelling to work 3 days a week using flexi-season tickets, will save:
- £315 per year, travelling from Milton Keynes to London
- £173 per year, travelling from Woking to London
- £57 per year, travelling from Bradford to Leeds
With transport costs making up 14% of household spending, this cost-cutting move is providing real savings for passengers – delivering on the government’s commitment to put more money in people’s pockets.
These savings come alongside the government’s extension of the £3 cap on bus fares, further helping ease pressures on day-to-day journeys and saving people money when they travel to work or school.
Affordable, reliable transport links are the gateway to jobs, school, and opportunities. So it’s not right that passengers are being priced out of the routes they should rely on because of endless hikes.
This freeze – the first since the 90s – will put more money in working people’s pockets. By keeping costs down we are making journeys more affordable for millions of people – putting train travel back into the service of passengers, not profits.
Prime Minister Keir Starmer
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