Train fares rise faster than wages
Average train fares have risen nearly three times faster than wages since the recession began, according to the latest analysis published by the TUC’s Action for Rail campaign.
The research shows that between 2008 and 2012, average rail fares increased by 26.6%, with average wages rising by just 9.6% over the same period — well below the rate of inflation.
Train fares are set to outpace wages and inflation again this year after the Association of Train Operating Companies announced a 3.9% increase in average prices. Some fares are set to rise by as much as 10% this month.
By contrast, wages are forecast to rise by just 2.5% according the Office for Budget Responsibility.