Train Fare Rises

Well, yes:

Chris Grayling, the shadow transport secretary, said:
"When the Government seems determined to introduce a national road
pricing scheme, it is ludicrous to be pursuing a policy that will price
many people off the trains too.

"These increases
are coming at a time when overcrowding on many services is very serious
and set to get worse. It looks like the Government has decided to
collude with the train companies to tackle overcrowding with
inflation-busting rises that will force people off the rail network."

That probably is what they’re doing. If capacity is restricted (as it is) then raising prices to push the marginal traveller off the system does indeed serve to reduce overcrowding. You would hope that a Tory would actually understand that.

What else does anyone want them to do? Lower prices so as to increase overcrowding?

In the longer term of course the answer is to increase capacity: but what else should they be doing in the short term?

In

6 responses

  1. In a word: renationalising.

  2. I am all for higher fares and removing all subsidies. Until this happens we will continue to have this silly issue coming up every year. The Soviets had the same debate about the price of bread.

  3. So how can I fly to Edinborough for peanuts but have to shell out so much more for the train… even if I book well in advance? Something doesn’t quite add up in all this.

  4. In a word: privatising.
    Well, a few more words, privatising properly; where a train company owns the trains and tracks and there are no subsidies anywhere.
    Kit is also right that the silly debate will continue until the government gets out of transport completely.

  5. problem is that rail fares have grown faster than inflation for most of the last 15 years, apparently to fund improvements. Unfortunately they never seem to. Still I gather the free 1st class travel from the constituency is still very agreeable.

  6. There are two things in the UK that appear to defy economic gravity: house prices and train fares. Both are controlled by the government whereby the supply is restricted either track space or the green belt. Is there an answer to the seemingly inexorable price rises of these two commodities?

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