I understand your constituent’s concerns surrounding the rail fares system, the confusing array of fares, discounts and ticket types and the impact this has on passengers. This Government has set out its ambition to simplify the fares and ticketing system and drive innovation across the network.
We are overhauling the fares and ticketing system to make it easier for passengers to trust that they are buying the right ticket and getting the best fare. With the move to Great British Railways (GBR) passengers will be able to receive a more consistent offer across the network. We need to balance affordability for both passengers and taxpayers as we reform fares and deliver GBR, ensuring everyone gets a fair deal.
As you may be aware, some rail fares are regulated to cap the percentage increase in fare prices each year. Beyond these fares, train operators have flexibility in setting the prices of their fares. Regulated fares make up around 45 per cent of rail fares and include commuter fares, such as season tickets and shorter-distance peak returns, alongside longer-distance off-peak
returns. Where there are no return fares, the single fare is regulated.
We have reached out to Great Western Railway (GWR) about recent fares increases. While we cannot identify the specific increase that your constituent has mentioned, GWR has confirmed that that it has increase the cost of off-peak day returns in the Thames Valley area in June. These fares are not regulated by the Government and were increased as GWR look to reduce the
level of Government subsidy. The percentage increase varies slightly depending on journey origin, but I can confirm that these fares remain comparable to those offered by other operators for destinations of a similar distance to London.
Post-pandemic, the amount of taxpayer subsidy provided to the railway industry has increased from under a quarter in 2018/19 to almost half of total income in 2023/24. To secure the long-term viability of the railway, it is essential that rail fares balance the cost to passengers against the cost to taxpayers.