South West Trains Putting Up Ticket Prices
11:06am 5th December 2014
South West Trains are putting their rail prices up next year.
Fares on most services around the country are going up by an average of 2.2% - but South West Trains are raising there's by an average of 2.3%.
They say the cost of a single journey will rise by an average of 9.5p - which is the lowest increase in 5 years.
Tim Shoveller, Chief Executive of the South West Trains-Network Rail Alliance said: "Money from fares goes towards running and maintaining the railway which benefits every household in the country, by improving journeys, creating employment and helping to boost the economy.
"Over the next five years, Network Rail is spending on average £27m a day building and maintaining a better railway that benefits passengers, communities and businesses across Britain alongside commitments made by train companies to improve services. That will mean more seats, better stations and improved journeys.
"For every pound spent on fares, 97p goes on track, train, staff and other costs while 3p goes in profits earned by train companies for running services on Europe's fastest growing railway.
"The industry is continuing to work together to get more for every pound we invest to enable government to make fares decisions which work best for passengers."